Doug Burgum
๐ค SpeakerAppearances Over Time
Podcast Appearances
And if you do it the right way, it actually brings power down.
So it's only people that would be opposed to...
for other reasons, including the climate extremists, would come up with a story that says that artificial intelligence is going to raise your rates automatically.
That's only with the wrong policies.
With the right policies, they'll stay the same or go down.
Yes, well, but again, we're in recovering new territory.
And we're going to see incredible capital flows around the world.
And those capital flows, record capital flows, are going to go to places that have ample, affordable, reliable, and secure power.
And that's going to be countries, and it's going to be states within those countries, within Europe.
It may be certain countries as opposed to all of the EU countries.
Secretary Chris Wright and I today met with 21 energy ministers from Central and Eastern Europe.
Again, the race is on.
People that have sensible energy policies that focus on affordable, reliable, and secure energy are going to see a boom in investment going forward.
Because it's not just the data center, it's what follows that.
Advanced manufacturing, the physical AI, because AI will be the greatest productivity increase that humanity has ever seen.
It really is an extension of human capability, whether it's curing cancer, providing a tutor for every school kid in the world, or solving the most complex problems we've ever faced.
This is something that we need, and America and the free world needs to make sure that we're competitive in this AI arms race, and the way we do that is generate more power.
Energy addition, there is no such thing as energy transition if you're shutting down
7 by 24 secure base load and adding intermittent unreliable foreign sourced energy.
That's energy fantasy.