Oisín Coghlan
👤 SpeakerAppearances Over Time
Podcast Appearances
It's good to hear some positive data analysis, I have to say.
But on the energy costs one, I don't doubt your analysis at all, Dan.
I do think, though, there's a potential difference between the economic reality and the political impacts, partly because we have this now memory of what happened in 21-22 and may even misinterpret it.
But also because when it comes to not even so much in Europe, but in the US gas prices and particularly as in petrol prices, you see them every day as you as you drive along.
They have a real political impact and that may cause politicians to do other things to try to to appease voters.
But so I don't think I'm glad to hear the economic, the direct economic impact may be much less than it was in 21, 23.
But I don't think we should underestimate the potential political impact.
On AI, again, I would be worried about those entry-level white-collar jobs, so good to hear the data says otherwise for now.
But I also think, I mean, Cliff Taylor had an article in The Weekend Irish Times yesterday about how it feels very 1999 in terms of the dot-com bubble, that there's so much money going into AI that can't all make a profit.
There'll be winners and losers, and if that bubble, or how that bubble deflates or bursts, do we get a soft landing, may, before we even get to job displacement, may have
If multiple people build it, it's very costly.
Just one quick thing about the data centres.
It's cost us, according to a new report this week, €700 on our energy bills to have all the data centres of the last decade and another €600 for the next decade.
We also need to regulate this industry properly, both for our energy usages and climate, but also just for our future safety.
The guy who invented infinite scroll on social media is interviewed in the Sunday Times today.
And it's fascinating how he basically regrets the fact he invented, you know, that's to keep new content and the doom scrolling and all the impacts it has on concentration and on sleep and on well-being.
So I think there's there's I completely understand two things.
One, the government's desire to have more houses built.