economics

GDP-moving amounts of money on GPUs and such, it is not, by definition, being spent on something else.

Some examples:

• Non- life science venture capitalists are mostly only doing AI right now. Have something else needing funding? Good luck with that.

• Cloud compute companies are diverting spending from cloud offering to GPU-centric data centers.

The fact that a change in the relationship between savings and investment in one country must force an obverse change in the relationship between savings and investment in another country is a very important point.

Take Base Power Company. What’s the Why Now for Base?

There are many, and that’s the point.

Growing renewable generation and electrification of demand has destabilized the grid. Batteries have gotten much cheaper. Engineers have gotten better at distributed systems software. Consumer software keeps getting better. Digital customer acquisition is

It made no sense for them to target capital investment at thin-slab casting, positioned as it was in the least-profitable, most price-competitive and commodity-like end of their business.

With Chinese funding of European debt, Europe, ironically, would find itself enjoying part of the supposed benefits of exorbitant privilege. It would discover however that while more foreign funding sounds like a good thing, it is the same as larger current account deficits, which most certainly are not a good thing for countries struggling with

We believe we're in a new world order that will shape the rest of our lives. We're at the beginning of financial and geopolitical regime change. These arcs of history are bigger than any one man – but Nixon’s Gold and China policies set the parameters of the world we’re now leaving.

This consumer-to-producer shift means tariffs have repercussions for a country’s gross domestic product, or the value of the goods and services produced by its businesses and workers. Because everything an economy produces is either consumed or saved, any policy that raises production relative to consumption automatically forces up the domestic

Everything is sales. This is usually framed as career advice—no matter what your role in a company is, your ultimate job is to help sales.