David Sachs
👤 SpeakerAppearances Over Time
Podcast Appearances
I know a lot of people worry about whether this could be like a dot-com situation.
Remember where we had the whole fiber build out in the late 90s, then we had a dot-com crash.
The difference here is that in the late 90s and early 2000s, we had a problem known as dark fiber, where you had this fiber build out and then it didn't get used.
There's no such thing as a dark GPU right now.
Every GPU that's being put in a data center is getting used, and it's being used to generate tokens, and that's to power this new generation of AI chatbots or coding assistants.
And there's just been some releases in the last couple of months on the coding front that, you know, if you're following what software developers are saying,
They're saying it's mind blowing.
It's completely revolutionizing their industry.
So demand for tokens just increases and that increases the demand for this data center build out that we're seeing.
So I don't think it's going to stop anytime soon.
And just last year, this infrastructure build out added about two percent to the GDP growth rate.
And I think that's what helped propel us to this four to five percent growth rate.
And I think you're going to see something similar this year.
Yeah, I mean, I think the basic problem that we have is that, I mean, frankly, the states are going hog wild right now with regulation.
There's over 1,200 bills going through state legislatures right now.
I think it's very much a knee-jerk reaction.
I know there's a lot of fears and concerns about AI, but it seems like for every hypothetical concern, there's multiple state bills now to try and regulate that thing before we really know how it's going to play out.
And I think it would be
better to, I think since this technology is so new and the environment is so dynamic, I think it'd be better to spend a little bit more time studying how AI is actually being used and what risks are actually materializing before you over-regulate the thing.
But in any event, that's what we're seeing right now at the state level.