If that makes you uncomfortable about what our political and economic systems in the West that brought us here, well, you know the meme: “facts don’t care about your feelings”.
It might be cold comfort, but none of these business models have the liquidity behind them to build out coal power at the levels they claim they’ll need.
Nevermind that solar/wind would be cheaper. Or that the raw manpower to yield coal in quantity no longer exists. So much of these proposals are - at their heart - the same vaporware that promised waves of new nuclear construction and hydro-power and geothermal.
Bottom line is that GenAI’s primary revenue comes from dumb VC and bad debt. They can’t build, much less operate, any of this shit.
BUT
AT
WHAT
COST
It might be cold comfort, but none of these business models have the liquidity behind them to build out coal power at the levels they claim they’ll need.
Nevermind that solar/wind would be cheaper. Or that the raw manpower to yield coal in quantity no longer exists. So much of these proposals are - at their heart - the same vaporware that promised waves of new nuclear construction and hydro-power and geothermal.
Bottom line is that GenAI’s primary revenue comes from dumb VC and bad debt. They can’t build, much less operate, any of this shit.