Dr. Peter Navarro
๐ค SpeakerAppearances Over Time
Podcast Appearances
But the central problem here, which we're going to solve, is that AI is expanding so fast that we simply don't have enough capacity to service it going forward.
So there's two issues.
One is price.
AI is driving up the price of electricity.
But number two, the grid...
is also facing potential reliability issues going forward.
And so it's pretty simple.
You make them pay, Steve, and you make them ensure that whatever they put in, in terms of power, that it won't hurt the grid at all.
So that's the principle.
It's pretty simple.
Do no harm.
AI, first, do no harm to our grid or our rate payers.
And so, um, if, if there, there's another element here in this one, you've talked about it, we've talked about it.
It's like, why are Americans paying for, uh, AI in India, chat GPT operating on us soil using American electricity, servicing large users of chat GPT, for example.
in India and China and elsewhere around the world.
So that's another issue that's got to be dealt with.
And don't forget, Steve, there's water issues as well, and there's farmland issues as well.
They're paying like, they're coming in, you know, the metas of this world and others, they're coming in and paying like a 10x on farmland.
And if we're going to fight food inflation, we've got to wrap our heads around that.
We're on it.