Companies Talk About AI Augmenting Workers 8x More Than Replacing Them
Augmenting vs Replacing: Companies talk about AI augmenting workers 8x more than replacing them.
Profit margins: Profits for memory chip makers seem unsustainably high.
Chinese central bank: The Chinese central bank remains the most unwavering “buy-the-dip” force in gold.
Battery storage: Battery storage will change the global energy system forever.
Battery pack price: down 45% in 2025, first time below $100/kWh
Battery storage deployment: ~250 GWh, up 46% year-on-year.
Data center gas consumption: By 2035, US data centers alone will consume 6.5 billion cubic feet of gas per day. That’s roughly 10% of total US dry gas demand today added on top, just for AI.
