Hydrocarbons are skyrocketing in price and likely this will only get worse and continue at least till end of year. Basically all the energy supplying current datacenters worldwide comes from the local grid, and that is powered by coal or natural gas. Which of course, is also going up in price because energy has inelastic demand.

I usually wouldn’t care about this, so what microslop has to deal with taking an L on their investment. But the entire current investing paradigm is essentially tied to a bunch of companies just constantly increasing their GPU spend. Isn’t this going to kill that?

Transitioning to nuclear will be too hard to do quickly. Solar is only helpful during the day unless the companies wanna spend 10s of millions on batteries per datacenter.