Michelle McPhee
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I'd like you to hold my feet to the fire if you feel like this first answer is not sufficient.
But...
I would like to begin to answer this question of what do we do about artificial intelligence within the abundance framework?
Not by looking at AI specifically, but rather by looking at the first two chapters of our book are about housing and energy.
At the end of the day, or really at the beginning of the day, at the beginning of the book, what we want to do is make housing affordable and abundant, and we want to make energy sustainable.
affordable, abundant, and clean.
So what's important to me on energy policy is, are electricity prices going way up or are they stabilizing and going down?
And right now they're going way up.
Well, why are electricity prices going way up?
The best economic research that I have seen suggests the data center construction, while an ingredient in the jambalaya of why energy costs are going up, is not the primary ingredient.
The primary ingredient is not the exciting thing of artificial intelligence.
It's the boring stuff.
that the guts of the electrical grid that are necessary to carry electrons from the point where the energy is produced, say a solar farm, to the point that it is being used, say your living room,
those parts are getting more expensive and they're getting more scarce.
It's becoming more expensive to build transformers.
It's becoming more expensive to import copper wires.
It's becoming more expensive to build the electrical grid in the first place.
And as those costs go up, as the infrastructural costs go up for building electricity in a way that has nothing to do with data centers yet, that is the primary reason why energy costs are going up.
So I would want to solve the energy problem.
I would want to meet people where they are and say, do you want your energy costs to go down?