By the early nineteen-sixties, there was enough of this kind of thing going around that it caused both a panic and understandable excitement.
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I would say in American society, forward momentum has always been met by retrenchment. Going all the way back to reconstruction after eight years of active effort to create full citizenship for the freed slaves, there came decades after that of retrenchment.
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watts and wafers, the two physical constraints that in Gavin's view will dictate the next phase of AI
Patrick O'Shaughnessy — Invest Like the Best with Patrick O'Shaughnessy
the two physical constraints that in Gavin's view will dictate the next phase of AI. On power, he thinks the near-term shortage starts to ease in 2027 and 2028 as new sources of energy come online, and that orbital compute solves it in the long term. On wafers, he explains what is different this time from the dotcom bubble and why TSMC's capacity decisions may be the single most important variable to watch.
Invest Like the Best with Patrick O'Shaughnessy