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Data centers are roughly 30% built versus where they should be by now. The US and China are in a race nobody is allowed to lose. And no single frontier AI lab can be allowed to win... it's too dangerous. Put that together and there is almost no way...

177,851 次观看 • 3 天前 •via X (Twitter)

32 条评论

Raoul Pal 的头像
Raoul Pal3 天前

The Exponential Age is one of the three pillars of my book, The Everything Code, out Nov 3rd. Preorders are open now:

Filecoin 的头像
Filecoin2 天前

a race no single lab can win deserves data infrastructure no single cloud controls

Bobilicious 的头像
Bobilicious3 天前

Oh good, more Raoul-this-is-a-supercycle-Pal

JT Sather 的头像
JT Sather3 天前

I live in the Yoop, where there is an underground copper mine, long closed, with 25 sq miles of underground space. Would that not be the ideal place to build data mines? There is an underground water source, it stays roughly 50f year round, and would be out of site, out of mind

Rufflife 的头像
Rufflife3 天前

$IREN it's time.

Billeee 的头像
Billeee3 天前

US Data centers are made to sell you shit, Chinas are to technologically advance its society. They are not the same. YT men’s greed has set us on a path that sets our kids back generations.

Kyle Reidhead | Milk Road 的头像
Kyle Reidhead | Milk Road3 天前

@CaitlinLong_ Exactly:

BR89 的头像
BR893 天前

You said the same about Bitcoin supercycle

GOSUN Capital 的头像
GOSUN Capital3 天前

Spot on @RaoulGMI. This Capex scale is a liquidity sinkhole. Funding the remaining 70% of global compute requires massive monetary expansion. Central banks must monetize this buildout, making this the ultimate debasement supercycle.

AGTP 的头像
AGTP3 天前

The scale of this capex cycle is truly unprecedented. We actually went deeper on the record spending numbers here:

AndrewT 的头像
AndrewT2 天前

If this motherfucker says banana zone 1 more time!😂

Early life check certified. 的头像
Early life check certified.3 天前

Its a race to the end.

Ahmed Ibrahim Hamdy 的头像
Ahmed Ibrahim Hamdy3 天前

I just don't know from where the revenue will come that will recover all of those trillions. @dylan2045ad .. I listened to @RaoulGMI a lot over the years but not recently on this A.I. cycle. I keep going back to a major discovery in physics using A.I. that will open up a brand new era for energy and transportation.

Andre William Duval 的头像
Andre William Duval3 天前

It isn't a "capex" problem. It's a race to the apocalypse.

Lucas Martinet 的头像
Lucas Martinet3 天前

I keep coming back to this as a constraint optimization problem: power, cooling, compute, capital… money deploys in quarters, grids take years. My bet: the buildout tracks energy infrastructure, not capex availability.

Lucas Mercado 的头像
Lucas Mercado2 天前

quem paga a conta desse capex

Michael 宝塔镇河妖🧙🏿‍♀️ 的头像
Michael 宝塔镇河妖🧙🏿‍♀️3 天前

my power bill says this supercycle is real

Quantview 的头像
Quantview3 天前

The data-center supercycle requires power availability and utilization to grow alongside installed capacity. Falling rental rates or delayed grid connections would expose overbuilding before headline capex peaks. #ZoneTrendPRO

TonyEcho (WATER) 的头像
TonyEcho (WATER)3 天前

😅😅🤣🤣🤣

lvnbbs_bnb 🐬TermMax 的头像
lvnbbs_bnb 🐬TermMax3 天前

if bottlenecks are the fuel for more capex then we are in for a generational grind higher

Raymon 的头像
Raymon3 天前

bottlenecks are just the fuel

Asim Khan 的头像
Asim Khan3 天前

No single lab can win and no country can afford to lose. That tension alone guarantees the spend.

Anh Kèo 的头像
Anh Kèo3 天前

nếu là siêu chu kỳ thì kèo nào ăn đậm nhất từ capex này vậy anh @RaoulGMI

Macro Bombastic 的头像
Macro Bombastic3 天前

yeah but the real bottleneck is energy politics, not compute tbh

TonyEcho (WATER) 的头像
TonyEcho (WATER)3 天前

This is all just a Game leading to nowhere

James Green 的头像
James Green2 天前

Put them in the Cayman Islands next to your home.

Luc Volders 的头像
Luc Volders2 天前

@grok wat bedoeld hij in gewone mensen taal, waar heeft hij het over

TonyEcho (WATER) 的头像
TonyEcho (WATER)3 天前

No different than the industrial age

Fajar M Reza 的头像
Fajar M Reza3 天前

Buildout gaps make AI infrastructure look less like software, more like geopolitics.

⚙️ MATT ⚙️ 的头像
⚙️ MATT ⚙️3 天前

@CaitlinLong_ 👀

Fred the Fox 🦊 的头像
Fred the Fox 🦊3 天前

Decentralization would take off this pressure 🤦 Imagine AI infrastructure becoming truly globalized Outside of this power tussle there might be some relief in building on @fluence_project

Anointed Michael 的头像
Anointed Michael3 天前

I love this

相关视频

BlackRock CEO Larry Fink says the biggest job boom coming to America has nothing to do with AI software or Wall Street, it's in infrastructure. Specifically, the construction, power grids, and data centers. That is where he believes the massive job growth is coming from. And his warning is that we are not ready for it. Companies are committing hundreds of billions to build out AI infrastructure across the US, Microsoft, Amazon, Meta, and Alphabet are projected to spend $650 billion on it this year alone. But that buildout requires physical workers. Electricians, pipefitters, construction crews, grid engineers. Fink told the Trump administration directly, the US doesn't have enough skilled workers to meet the demand these projects will create. Microsoft's Brad Smith called the skilled labor shortage the "single biggest challenge for data center expansion in the U.S." In some regions, Microsoft had to relocate workers or ask them to commute 75 miles just to fill critical roles. The electrical work alone accounts for 45–70% of total data center construction costs. Over 200,000 electricians are expected to retire in the next decade. The pipeline to replace them doesn't exist at the scale needed. Energy resilience is the other piece Fink flagged. Data centers don't just need to be built, they need consistent, reliable power. The US grid hasn't been meaningfully expanded in decades. China, by contrast, generates roughly twice the electricity the US does and is actively building more. Fink's point is direct because if the US doesn't win the buildout of its physical infrastructure, China will. That is why BlackRock just committed $100 million to fund training programs for 50,000 skilled trade workers over the next five years. The largest asset manager in the world is putting money into electricians and plumbers because it sees the bottleneck clearly.

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46,903 次观看 • 5 个月前