Mary Daly
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so those two things went together because ultimately we had this conversation in the roundtable and one of the participants made a great point.
It's true.
This is how economics works is if an employee using AI gets much more productive, you hire more of them, not fewer of them.
So the economy grows faster.
The product development goes faster.
goes faster and demand gets stronger.
Well, I think we have to separate what we're talking about into now, next, later.
So let's think about now.
Right now, we have more demand than we have supply for energy, for electricity, right?
If you talk to, we regularly have CEO roundtables with the big power companies across the 12th District.
You can look throughout the nation.
Demand for power is higher than the supply of power.
And there's a lot of reasons why supply is falling behind.
One is demand's just gone up rapidly.
But another part is that they've got an aging infrastructure.
They have to get
those things built out.
It's a highly regulated industry, so the infrastructure doesn't just come on like a light switch.
Then you have, there were supply chain issues that made it hard to get the transformers and other things.
So all of this just adds to the imbalance of demand versus supply.