Apparently there is going to be a new $500 billion joint venture for AI between OpenAI, Softbank and Oracle called Stargate. They plan to invest $100 billion annually over the next five years. These facilities will likely need around 5GW of electrical capacity.
Yeah, and then leave the majority of people with even higher costs of living thanks to crowding out existing electricity capacity since they are obviously turtle slow in building any new infrastructure needed for anything, including increasing electricity supply to stabilize prices. Besides this and what crazy Musk has been saying about planting flags on Mars and whatever (when they can't even realistically get 'back' on the Moon before China, have their astronauts now constantly trapped in space thanks to the same oligarchization of space economy led by people like Musk), 'AGIs', LLMs, and other Jai Hind-like clownish deranged supapowa bullshit, taking Greenland, etc, things that could be important decades from now while they literally have only a few years as a functioning unified country. They have better raise some emergency funds to repay their highest debt recorded in history to stop the currently ongoing 'debt death spiral' and stuff like this, they don't even realize how broke they are. I think even if they started it would be hard to reverse the collapse/civil war, but maybe they have a 5% chance still if they wake up today. 7 in 10 people think the country is going in the wrong direction, 8 out of 10 are living paycheck to paycheck, and they are split on whether life was better in 1950 than today. The political polarization is so high that we saw what happened now when Biden left the office to so many selfish last-minute orders, the same as Trump coming in and then nullifying the past 4 years of work he did. This country has no direction and cohesion left to build a single new shipyard anymore, not to mention some AGI. They recently started fighting even within the same parties as seen in the migration issues. They can't even do one thing right anymore, no matter the advantages they seemingly might have. So, better to ignore this BS.
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