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Meta's scorched earth approach to AI, Tesla's future, TikTok bill, FTC bans noncompetes, wealth tax
All-In with Chamath, Jason, Sacks & Friedberg
100 Million Mini Utilities
The energy infrastructure in America is experiencing disruption as utilities keep raising rates independent of generating costs, leading to a projection of $2 trillion to be spent on CAPEX in the next 10 years. This will be passed on to consumers despite the expected minimal cost of generating energy. The disruptive strategy proposed is to create 100 million mini utilities from homes, essentially transforming them into individual utility providers.
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