Chris Friedberg

Can you explain what's going on there?

I thought this was related directly to rare earths.

To rare earths?

I'm not sure about rare earths.

All right, Chamath, I saw you retweeting some of this, and there's been a little bit of a back channel in the last 48 hours, kind of breaking news here.

Data centers are spiking the cost of energy, or people are perceiving it to be doing so, in different

geographies here in the United States.

And I guess not wanting to be hated or get into wars with consumers, some big tech companies are standing down plans.

Explain what's going on here, Chamath, and if this is a trend yet.

This is exactly right, Chamath.

If you think about the average American citizen, you know, they have somebody in their family who drives for Uber or DoorDash.

They have truck drivers.

They have Amazon factory workers.

And all those jobs are going away.

It's just a matter of when.

And some people believe we can handle the displacement.

Others don't.

I had...

It's interesting you mentioned that because I just had Zach Dell from Base Power on This Week in Startups last week.

And what they do is they put batteries on the side of your house, outside their square one, so they're not as felt as the industrial ones.