Ben Horowitz

I mean, like we need, we invested in a transformer company, not like an AI transformer, like an actual power transformer company, because you need, you know, kind of better, easier to manufacture, more efficient.

more efficient transformers.

And the transformer hasn't changed since really we invest, you know, we invent electricity.

So like these kinds of things.

Yes.

When we were building fiber, the bottlenecks were kind of in different places.

So...

you know, we, like, the servers weren't capable of putting, like, bits out even fast enough to do video right.

And, like, the software was really, we didn't have load balancers, we didn't have application servers, we didn't have anything.

And so you had all this fiber and all this bandwidth, but, like, you couldn't actually build the applications.

And then most of the end users weren't, it's a network too, so, you know, people weren't connected on the other end.

So it just didn't,

and then we had the dot-com crash and all these things.

So now we're in a little different place because almost everything is a bottleneck.

I do think what's going to happen is like we'll probably have enough chips long before we have enough electricity.

So NVIDIA will make enough chips, but then we won't have enough memory and we won't have enough electricity.

So we're in that kind of situation now.

So I think you really have to –

study where we are at each point in the supply chain and figure out how to alleviate those bottlenecks.

And by the way, you know, God bless Elon, the TeraFab, you know, that's the idea.