People do not understand the concept of scale, at all
This is not normal what is happening in Texas right now, $500B+ in the project pipeline……..
The Texas Mega-Project Pipeline ($500+ Billion)
$100B+ – OpenAI / SoftBank / Oracle "Project Stargate" AI Infrastructure Hub (Planned / Under Construction, Abilene & West TX)
$44B – Samsung Advanced Semiconductor Fab Complex (Under Construction, Taylor)
$40B – Texas Instruments Semiconductor Mega-Site (Under Construction, Sherman)
$40B – Google Data Center & Energy Infrastructure Buildout (Planned / Under Construction, Multi-Site)
$18B – Port Arthur LNG Export Terminal – Phase 1 & 2 (Under Construction, Port Arthur)
$17B – Texas Central High-Speed Rail Project (Planned, Dallas to Houston)
$15B – NextDecade Rio Grande LNG Terminal (Under Construction, Brownsville)
$13B – Energy Transfer Pipeline & Natural Gas Grid Expansion (Under Construction / Planned, Permian-to-Gulf Coast)
$12B – Golden Pass LNG Terminal (Under Construction, Sabine Pass)
$11.6B – Crusoe / Oracle AI Data Center Campus (Under Construction, Abilene)
$10B+ – Meta Hyperion-Scale AI Data Center (Under Construction, El Paso)
$10B – Tesla Gigafactory & Cybercab / Robotaxi Production Expansion (Under Construction, Austin)
$7B – TxDOT I-45 North Houston Highway Improvement Project (Under Construction, Houston)
$6B – Pacifico Energy "GW Ranch" Gas & Solar Energy Center for AI (Planned, Pecos County)
$5B – Enterprise Products Partners Offshore Crude Export Terminal (SPOT) (Planned, Brazoria County)
$4B – Micron Technology R&D & Packaging Expansion (Planned, Central TX)
$3.2B – NRG Energy Dedicated Data Center Power Generation Facilities (Planned, Multi-site)
$3B – Cheniere Corpus Christi LNG Stage 3 Expansion (Under Construction, Corpus Christi)
$2.5B – Microsoft AI Data Center Campus (Under Construction, Pecos / Castroville)
RuinsMan retweeted
Elder Millennials formulated their personalities before the advent of reality television. That's where people behaving as if there's an audience when there's not one started.
Thread argues that the trend in increased US productivity pre-dates AI and is a result to how the USA's labour market adapted to shocks, i.e. by laying off people while maintaining production levels. Doing more with less.
USA's strength in productivity is deeper than merely AI.
Quick thread on AI and productivity:
Lots of people say this chart shows AI is now showing up in the productivity data.
But I made this chart to argue the opposite: a trend that pre-dates AI and only shows up in the US doesn’t look like AI.
Here’s how I’m thinking about the data and underlying dynamics:
Baker suggests that the more recent data does point to signs of AI productivity. Either way, expect the USA to be better able to translate either shocks or new technology into productivity. Doing more with less labour, increasing material living standards. teapawt.org/GavinSBaker/status/211…
Hard for me to look at these charts from the FT, especially the first one, and not see some evidence of “ROI on AI.”
Seems like a productivity surge post-Covid era overhiring that began to reverse before ChatGPT came out and then resumed its upward trend after ChatGPT.
Especially given the @a16z data on revenue per employee at their portfolio companies and the @EPBResearch data showing that the 3 industries that have most heavily adopted AI have gone from 2.2% productivity growth to 5% productivity growth.
And makes sense that it is showing up in the US first - America is 72% of Anthropic revenue vs. 50%ish at most application software companies.
Great stuff from @jburnmurdoch even if I disagree with his conclusion.
No one will confuse her for a quant trader or a young techbro regardless of what she wears. It's a safer bet for her to dress nicely as an older woman in order to maintain "face", which is important in her culture.
No, thin people stay hungry without becoming fat all the time. Hunger isn't the cause of fatness, overeating is.
No one wants to die for multipolarity wars
Russian President Vladimir Putin has agreed to halt the recruitment of Ghanaians to fight in Ukraine after President John Mahama raised concerns about the practice, according to Ghana’s foreign minister. bloomberg.com/news/articles/…
People are material and innately seek social status, so no need to advocate in favour of these traits to start.
Steal man is that religious/philosophical rulers advocate restraint in order to ameliorate excesses. In reality, they do so in order to have a more docile herd.
The problem of materialism and social status is one of mimetic desire and the resulting potential for violence within the group.
Christianity handles it through Christ's sacrifice and providence. Judaism externalises it to burnt offerings (including of enemies). Hindus caste.
From a game theory point of view, we need the ability and will to reciprocally blockade Hormuz on Iran the way they attempt to do with us.
That is the correct way to secure commercial flows through the straight.
So far the USA does this.
