Shyam Sankar

The physics just don't work the same way that these legacy old systems do, which frankly, we've had the technology for a while, but because of our, I mean, understandable fear around it, we backed away from the atom and it became politically, we just started investing in other things.

The physics just don't work the same way that these legacy old systems do, which frankly, we've had the technology for a while, but because of our, I mean, understandable fear around it, we backed away from the atom and it became politically, we just started investing in other things.

I think it'll be harder for households to do that.

I think it'll be harder for households to do that.

I think it'll be harder for households to do that.

I'm hoping that the tech company's enormous appetite for cheap power is going to provide the necessary demand stimulus to the economy to go build these things again and provide the necessary stimulus for the government to reform the permitting process so that we can be clear-eyed and focused on the cost of power, the time it takes to build these things.

I'm hoping that the tech company's enormous appetite for cheap power is going to provide the necessary demand stimulus to the economy to go build these things again and provide the necessary stimulus for the government to reform the permitting process so that we can be clear-eyed and focused on the cost of power, the time it takes to build these things.

I'm hoping that the tech company's enormous appetite for cheap power is going to provide the necessary demand stimulus to the economy to go build these things again and provide the necessary stimulus for the government to reform the permitting process so that we can be clear-eyed and focused on the cost of power, the time it takes to build these things.

But you're going to need, talk about another industry that lacks founders. These public utilities are basically also run like state-owned enterprises. So where is that innovation going to come from? Well, it's going to come from the small modular reactor company or the nontraditional power provider who's behind the meter.

But you're going to need, talk about another industry that lacks founders. These public utilities are basically also run like state-owned enterprises. So where is that innovation going to come from? Well, it's going to come from the small modular reactor company or the nontraditional power provider who's behind the meter.

But you're going to need, talk about another industry that lacks founders. These public utilities are basically also run like state-owned enterprises. So where is that innovation going to come from? Well, it's going to come from the small modular reactor company or the nontraditional power provider who's behind the meter.

That means that they're just providing their power directly to this data center. They're not trying to put it on the grid for everyone else to use. So there's less regulation, less... bureaucratic coordination as a consequence of doing that. But by doing that, eventually, that power is going to be there. And any excess power, you're going to want to connect to the grid at some point.

That means that they're just providing their power directly to this data center. They're not trying to put it on the grid for everyone else to use. So there's less regulation, less... bureaucratic coordination as a consequence of doing that. But by doing that, eventually, that power is going to be there. And any excess power, you're going to want to connect to the grid at some point.

That means that they're just providing their power directly to this data center. They're not trying to put it on the grid for everyone else to use. So there's less regulation, less... bureaucratic coordination as a consequence of doing that. But by doing that, eventually, that power is going to be there. And any excess power, you're going to want to connect to the grid at some point.

So that's going to drive the stimulus to modernize the grid infrastructure as well. We've really underinvested in the grid. We probably have a couple trillion dollars. of investment we need to make, but we haven't been able to spin this chicken or egg thing.

So that's going to drive the stimulus to modernize the grid infrastructure as well. We've really underinvested in the grid. We probably have a couple trillion dollars. of investment we need to make, but we haven't been able to spin this chicken or egg thing.

So that's going to drive the stimulus to modernize the grid infrastructure as well. We've really underinvested in the grid. We probably have a couple trillion dollars. of investment we need to make, but we haven't been able to spin this chicken or egg thing.

As we get economic value out of being, hopefully, the world leader in the application of AI, I think it will make the other side of the equation clearer of why the modernization needs to happen.

As we get economic value out of being, hopefully, the world leader in the application of AI, I think it will make the other side of the equation clearer of why the modernization needs to happen.

As we get economic value out of being, hopefully, the world leader in the application of AI, I think it will make the other side of the equation clearer of why the modernization needs to happen.