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E112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
All-In with Chamath, Jason, Sacks & Friedberg
The Usefulness of an Investment Decision Isn't 40 Years or 50 Years, but 12 Years
In China, they're building 450 nuclear power plants. They're gonna get the cost of industrial power below five cents or four cents a kilowatt hour. As they do that, it's no longer a unit of human labor needed to produce goods. And if they're driving down the cost of electricity and all products can be made using electricity, you have a huge economic advantage.
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