Chamath Palihapitiya

making all kinds of investments.

So we have to do a good job of making sure we hold everybody accountable.

So we have to do a good job of making sure we hold everybody accountable.

Because otherwise, what you could see is that the data centers taking on the burden for themselves, but price is still continuing to escalate.

Because otherwise, what you could see is that the data centers taking on the burden for themselves, but price is still continuing to escalate.

Because a utility says, I need to spend a billion dollars this year to upgrade my infrastructure.

Because a utility says, I need to spend a billion dollars this year to upgrade my infrastructure.

And what that allows them to do is take that billion dollars and essentially invest it for a return.

And what that allows them to do is take that billion dollars and essentially invest it for a return.

That's the business model of utility.

That's the business model of utility.

It's not blue and red states.

It's not blue and red states.

These are nonprofits that get organized to create this kind of chaos.

These are nonprofits that get organized to create this kind of chaos.

I remember looking at

I remember looking at

a massive lithium investment in Nevada.

a massive lithium investment in Nevada.

And the whole point was to domesticate lithium production.