Which is why I don't think it would be 1/10 per year. I think he's imagining AI growing the economy at a massive rate even before the chip build up. The later

Which is why I don't think it would be 1/10 per year. I think he's imagining AI growing the economy at a massive rate even before the chip build up. The later years of higher growth and higher market expectations would carry the higher percentage of the total costs as thinks ramp up.