Isaiah Taylor

If you add chaos into that, people actually learn and get better and grow rather than becoming more fragile.

So when you're thinking about governance, I think this is just a general property of regulation.

It's like, you need to figure out how to make that system anti-fragile

which means allowing for variance.

You have to allow for different people and different companies to do things different ways.

And that's exactly what microgrids are, right?

Utah has a different idea of what a microgrid is than ERCOT in Texas, for example.

And those different ideas will look slightly different in the world and they'll have different outcomes.

And then we can compare and contrast.

And we could say, oh, they did that really well here.

Let's copy that over there.

Oh, Florida figured out how to make this resilient.

Let's copy it in California, right?

Whereas if you try to keep everything highly centralized at the top, you don't go through that learning process and you become increasingly fragile over time.

So I think that today that's exactly where our grid is.

It's very fragile.

And it's fragile because it's centralized, because it does not admit a variance, because it's done the exact same way everywhere.

because it's federally regulated by environmental policy.

FERC would be an example.

Other regulations that touch that for power electronics.