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U.S. Makes Threats While China Plans Its Infrastructure

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Manage episode 501374679 series 3291330
Content provided by CovertAction Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CovertAction Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The founder of Tech Buzz China, Rui Ma, posted on X after a recent trip to China about her observations on energy there. “Energy is considered a solved problem. The Chinese government’s investment in sustainable energy – from advanced hydropower to next-generation nuclear – means that, relative to many other markets, electricity supply is secure and inexpensive. Everywhere we went, people treated energy availability as a given. This is a stark contrast to the U.S., where AI growth is increasingly tied to debates over data center power consumption and grid limitations.” reads part of Ma’s tweet thread. In fact, in Texas, the anarchy of capitalism has let the state position itself as a haven for energy-sucking datacenters and cryptominers, but a new law in Texas gives utility company ERCOT the ability to cut power to datacenters in times of drastic shortages - which could impact other important or crucial services.

A recent Fortune article also quotes Chinese electricity expert David Fishman as saying, “They’re set up to hit grand slams… The U.S., at best, can get on base.” This disparity between the U.S. and China has AI and tech experts in the U.S. worried about the country falling behind in AI and other key areas, because they see China as a competitor and adversary that has to be beaten. Fishman goes on to explain that “Capital is really biased toward shorter-term returns,” while in China the state is able to set priorities for national investment.

Rachel was recently in China, and this is part 1 of our discussion about the differences between the Chinese planned system and the US for-profit mess.

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178 episodes

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Manage episode 501374679 series 3291330
Content provided by CovertAction Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CovertAction Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The founder of Tech Buzz China, Rui Ma, posted on X after a recent trip to China about her observations on energy there. “Energy is considered a solved problem. The Chinese government’s investment in sustainable energy – from advanced hydropower to next-generation nuclear – means that, relative to many other markets, electricity supply is secure and inexpensive. Everywhere we went, people treated energy availability as a given. This is a stark contrast to the U.S., where AI growth is increasingly tied to debates over data center power consumption and grid limitations.” reads part of Ma’s tweet thread. In fact, in Texas, the anarchy of capitalism has let the state position itself as a haven for energy-sucking datacenters and cryptominers, but a new law in Texas gives utility company ERCOT the ability to cut power to datacenters in times of drastic shortages - which could impact other important or crucial services.

A recent Fortune article also quotes Chinese electricity expert David Fishman as saying, “They’re set up to hit grand slams… The U.S., at best, can get on base.” This disparity between the U.S. and China has AI and tech experts in the U.S. worried about the country falling behind in AI and other key areas, because they see China as a competitor and adversary that has to be beaten. Fishman goes on to explain that “Capital is really biased toward shorter-term returns,” while in China the state is able to set priorities for national investment.

Rachel was recently in China, and this is part 1 of our discussion about the differences between the Chinese planned system and the US for-profit mess.

Support the show

  continue reading

178 episodes

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