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I expect China to overbuild and the west to underbuild.
by kiba 9mo ago
I expect China to overbuild and the west to underbuild.
- jgalt212 9mo agoYou say that and OpenAI is signing compute deals in excess of 20X current revenues.
- kiba 9mo agoGood point. Reality is more nuanced than simple overbuilding and underbuilding. Still, we aren't really still building enough housing and mass transit infrastructure. That may hamper us more than anything else. If AI proves to be as beneficial as its proponents hyped, the economic gains will just mostly get soaked up by landowners. Even UBI won't save us, because it will just get absorbed by landowners. Ditto for renewable energy.
- sneak 9mo agoI know which error I’d prefer to be making.
- CuriouslyC 9mo agoOverbuilding energy doesn't seem like a problem, if Jevon's paradox applies to ANYTHING, it applies to energy.