Shyam Sankar

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.

You know, I like to quip it. At some fundamental level, you either believe in free markets or you don't. And especially when you look at the government having, you know, post-Cold War, like...

You know, I like to quip it. At some fundamental level, you either believe in free markets or you don't. And especially when you look at the government having, you know, post-Cold War, like...

You know, I like to quip it. At some fundamental level, you either believe in free markets or you don't. And especially when you look at the government having, you know, post-Cold War, like...

everyone has given up on communism including the Russians and the Chinese except for Cuba and The US government essentially like we have five-year centralized plans and DoD We call it the fight app like literally we have a five-year plan that looks very very Soviet in terms of how we think the world's gonna work It's this centrally unplanned approach so if we can start building stuff behind the grid behind the behind the meter and