Josh Kale

There is a link in the show notes.

So I totally agree with you.

Capital is a resource that you can use to get the other resources, but that's actually true for all of them.

Because if you have energy...

you can, like energy is the common denominator.

Like one person we've had on the podcast plenty of times before is Arthur Hayes on the podcast.

He frequently says, I denominate in hydrocarbons.

And something that you taught me is that if you have intelligence, AI, LLMs, you can actually just pump energy through an LLM and get more intelligence.

And so there's a feedback loop with all of these things.

So like the more capital that you have,

You can buy more energy.

You can pump that energy through an LLM and get more intelligence.

And then we'll also talk about labor.

So all of these things have like a feedback loop.

And there's a few companies out there that are hurtling towards all of them.

I want to talk about them.

I first want to talk about each individual jewel, each individual puzzle piece.

Let's start with

intelligence.

There's this like metaphor of like crossing the event horizon, right?