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Comment by jaccola

16 hours ago

Electricity is important, even more important than AI (despite some rhetoric).

We don’t see electricity companies among the biggest companies in the world, except in China where they are a state owned monopoly… maybe a good analogy after all.

> We don’t see electricity companies among the biggest companies in the world except in China where they are a state owned monopoly… maybe a good analogy after all.

All over the world they're either state owned or very tightly controlled, precisely because they would be among the biggest companies in the world and even worse than that, they would be essential. If Google Search goes down for 2 days, meh, you can handle it. If the national grid goes down for 2 days your aggressive neighboring country can invade.