David Sachs

involved in power generation.

It's not all variable.

So when you're able to amortize those fixed costs over a greater supply, you bring down the meter rate for everybody.

And so there's huge economies of scale.

So the more scale you get in electricity, like most other things, the price comes down.

So it's actually a good thing that

the that we have this build out going on because it will ultimately reduce prices for consumers.

But we do have to make sure that these new data centers aren't just plugging into the grid and using they have to be contributing back.

Well, it's interesting.

I think there's been an evolution.

So I think we started with AI chatbots like ChatGPT.

And in a sense, that was kind of like better web search.

It was really great for research.

You could ask it questions and give you answers to anything.

Then we saw models at Chain of Thought, and they could start to do deeper reasoning.

Then we saw coding assistance.

And I think over the past few months, there's been a real breakthrough.

If you talk to people, software developers, it really seems like there's been a major shift and just improvement in the quality of the coding assistance.

And I think where that's going next is tools for knowledge workers.

So the same types of assistants that have been outputting code can now output