Drill, baby, Drill: Trump Raises $12 Million in Silicon Valley, by Promising Cheap Energy to Power the AI Revolution

Essay by Eric Worrall

Big Tech is openly rebelling against Biden’s roadmap for energy destitution.

Inside Silicon Valley’s $12M Trump fundraiser with Winklevoss twins and venture capitalists

By Lydia Moynihan
Published June 7, 2024, 5:11 p.m. ET

Silicon Valley insiders told The Post they were impressed by “eloquent and articulate” Donald Trump at Thursday night’s presidential fundraiser in the posh, stereotypically progressive San Francisco neighborhood of Pacific Heights.

More than 100 people paid as much as $300,000 a head to attend the fundraiser hosted by venture capitalist David Sacks at his multimillion dollar home, sources confirmed.

The Post is told that Trump opened his nearly 45-minute speech by talking about his late uncle John G. Trump — an engineer who was an MIT professor for nearly four decades — and joking that he should’ve followed in his uncle’s footsteps as a way to connect with the largely techie crowd.

But he quickly turned to serious topics like the importance of unleashing artificial intelligence innovation and why the US needs to be prepared to provided the massive energy AI will require.

“Fossil fuel is the only way to do it … solar and wind just can’t cut it,” the source said of Trump’s remarks.

Read more: https://nypost.com/2024/06/07/us-news/inside-silicon-valleys-12m-trump-fundraiser/

A CNBC video about the fundraiser;

WUWT predicted this shift in tech company support from Biden to Trump two weeks ago. But I underestimated big tech’s desperation for affordable energy. I expected something more covert, I didn’t expect them to go so public before the 2024 election.

What is driving this sudden tech industry panic, what is stampeding tech giants into turn their backs on President Biden?

The CNBC video above offers some insight. Trump is seen as more business and tech friendly. The Biden administration has strained relations with Silicon Valley since 2020 with regulatory crackdowns on AI and cryptocurrency.

But I believe there is another threat helping to drive this switch in big tech allegiance from Democrats to Republicans, a concern we may be heading towards a new Sputnik crisis – a foreign scientific breakthrough which threatens the tech dominance of the United States.

Except this time the Sputnik moment could be China building the world’s first superhuman AI.

I don’t have proof China is on the verge of a major breakthrough, though there is plenty of evidence China is trying hard to develop advanced AI. But right now, China is the only nation which has the energy surplus required to attempt to create an AI which has more than human capabilities using today’s technology.

Imagine trying to build a modern desktop computer using primitive 1930s vacuum tube technology. Such an effort would require a vast acreage of machinery, big teams of scientists and engineers, and gigawatts of energy to power and air condition billions of vacuum tubes, along with a crazy amount of funding to pay for everything. When completed the vacuum tube system wouldn’t be exactly the same as a modern computer. But with sufficient political will and investment of effort it would have been possible to build a machine which rivalled the capability of modern desktop computers, a computer with capabilities decades more advanced than anything which was actually built back in the day.

Right now, today, we are in a similar position to that hypothetical 1930s supercomputer project when it comes to possible paths towards rapid development of an AI superintelligence – but only China currently has the surplus energy and manufacturing capacity to attempt such a brute force approach to building a superhuman AI.

The USA is not currently in a position to attempt such a project, because green energy policies have robbed the USA of its once bountiful energy surplus, by driving chronic underinvestment in new dispatchable grid capacity. Biden’s energy starved USA is a hostile environment for energy hungry tech entrepreneurs, there are major political upheavals whenever a tech giant tries to draw more power from the grid.

If China succeeds in creating a machine which can outthink humans, or worse has already succeeded, the USA will only have a narrow window of opportunity to catch up before it is all over – like maybe four years with a president in charge who understands the issues.

The longer China preserves its advantage, the worse things would become for the USA and anyone else who tries to compete. If China is able to iterate enough improvements into their artificial intelligence system, without anyone else being in a position to play catchup, very quickly the AI itself would start playing a major role in its own improvement, and we could face an exponential surge in intelligence capability, with each 6-12 month upgrade cycle doubling the capability of the previous system, which then harnessed that greater capability to design the next upgrade. In less than a decade China’s AI advantage could become insurmountable.

Trying to beat China in business or geopolitics would become like trying to beat that chess app on your PC which always kicks your butt. Whoever had access to that super intelligent AI would always make smarter moves than the competition.

Am I right about an approaching Chinese AI Sputnik moment? I just don’t know. But one thing for sure, something has spooked US big tech. It might just be concerns over Biden’s regulatory crackdown and looming energy shortages putting them at a competitive disadvantage. Or maybe I’m right about the risk of a Chinese breakthrough. Even without a Sputnik level breakthrough, China’s energy surplus, electronics industry, and political will to prioritise realising China’s potential as a global superpower has put the USA’s commanding position in this space at risk.

President Biden is not in a position to deliver the 10s of gigawatts of affordable new generation capacity US tech giants desperately need to challenge China’s credible bid for global tech dominance. Biden’s renewable energy obsession and heavy handed approach to tech regulation are hobbling the US tech industry, just when they need every resource they can muster to compete.

My prediction – President Trump is about to reap the reward, for being the right man in the right place at the right time.


Update (EW): Updated the “surplus energy” link from a link about excess renewable energy to a link about China’s coal boom. AI needs real energy, not fake energy.

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June 8, 2024 2:15 pm

It doesn’t take much imagination to realize one country does not need much of a lead on AI to wreak havoc on other countries. All that’s needed is for AI to find ways to bring down a country’s banking system, electrical grid, food supply chain, etc, without leaving any fingerprints as to whether it was sabotage or, if so, by whom. It’s hard to retaliate if you can only speculate if an enemy is responsible.

The only solution is to be ahead of the curve, and ask AI how to prevent such things from happening and what to watch for. And let other countries fear you could do it to them.

Reply to  Eric Worrall
June 8, 2024 5:40 pm

Eric, the task is made an order of magnitude greater by the state of destruction of K-(asterisked) PhD education in the West. This began 3 generations ago and in the last year or two has accelerated to a point where the necessary culture of excellence is in a sorry state.

Ivy League and Oxbridge have deteriorated, are being run by post normal nobodies. None are a match for the best Universities in China, Japan, Russia, or India’s Technological Universities. I did a search a year ago for alternatives for a bright grandson.

I was pleasantly surprized at tuitions that were less than a quarter of Harvard’s and there are even scholarships available.

Do Westerners not understand that a first rate education is a prerequisite for a robust National Security!

c1ue
Reply to  Eric Worrall
June 10, 2024 4:02 am

Utter bollocks.
First, you conflate Japanese culture with modern Communist Chinese culture.
Japanese have the undue deference to authority, but the Communist Chinese are far more like a pack of unruly peasants than anything else. Clearly you have never witnessed a mob of mainland Chinese tourists utterly disrupting orderly Americans standing in line.
Even Confucian culture – which is pre-Communist and which the Communist Chinese are kinda sorta reemphasizing – has obligations which run BOTH ways. People seem to forget that China had literally 250 years of massive wars prior to unification, and that China had regionalized warlords as recently as World War 2.
Under Confucianism, for example, there is no Divine Right of Kings – there is the Mandate of Heaven. The difference is that Divine Right of Kings means God himself has decreed said king should be king, but the Mandate of Heaven means that if you have famine, disasters, plague, rebellions etc – you clearly aren’t meant to be the king.
Do you understand the difference?
Rebels and King alike would proclaim they had the Mandate of Heaven, but the regular people decided for themselves who was right.
There are many flaws as well as strong points of mainland Chinese/Chinese Communist culture, but undue deference to authority is absolutely neither of them.

c1ue
Reply to  Gary Pearse
June 10, 2024 4:09 am

Education is not the problem – or I should say, is not the most urgent problem.
Here is a simple example of what the real problem is: Russia has 3.5 million workers in the companies that comprise its Military Industrial Complex.
The US has 750K – ignore the “2 million jobs supported by” wiki nonsense. The UK and Germany, put together, have 150K.
This is why Russia is outproducing the entire West in artillery shells, missiles, drones, tanks and what not.
This article talks about how the US built 300,000 planes in WW2: https://www.construction-physics.com/p/how-to-build-300000-airplanes-in
But reading it just makes me sad because the West has utterly decimated its industrial capacity both MIC and civilian. Besides to cost-plus pricing, it is well documented there that a wide range of industrial production companies – from washing machines to cars – switched their factories to make planes. This is what underpinned the US economic colossus of that era.
Today, we have almost literally none of this industrial ecosystem that could be reoriented towards production of anything. We saw this with masks during COVID; the first new US artillery shell plant in 50+ years is being built with Turkish equipment and workers, and won’t start full production for at least 18 months.
Rebuilding such an ecosystem would take a generation – to fund to capital expenditures but also to train up new generations of workers. The ones with experience are literally dying of old age.

Sparta Nova 4
Reply to  c1ue
June 11, 2024 7:09 am

The nexus of this change was Robert McNamara.
He mandated the acquisition change from engineering to cost accounting.

Reply to  c1ue
June 11, 2024 11:30 am

Like I said, an excellent education is essential for national security. Russia has special schools for gifted children. Even a small village recommends such a child to the federal government. We’ve clogged premier universities with gender bender studies, race theory, ersatz sociology, social justice studies… we’ve opened the doors so wide that average IQ of undergrads is 100!

https://www.joannejacobs.com/post/college-students-aren-t-all-that-smart-iq-average-falls-to-102

This means there are a fair numbers of morons taking up space.

c1ue
Reply to  Eric Worrall
June 9, 2024 4:07 am

Please stop with these War Games movie based AI representations.

c1ue
Reply to  jtom
June 9, 2024 4:06 am

Total load of nonsense.
“AI” as exists in this latest incarnation of bullshit is purely a linguistic capability. It has ZERO technical capability. Just because an LLM can parse grammar reasonably well, does not mean it either understands what it is spewing out, that its web scraping reworded output is reliable or that it can do anything that a human being cannot do.
Conflating LLM capabilities with hacking is even more ludicrous. Hacking is about finding weaknesses and exploiting them – these weaknesses by definition are not obvious else the software or hardware maker would trivially have found and fixed them.
You clearly have zero real world experience with cyber security or have even done a modicum of research on “AI”.
I will grant you that there will be plenty of scammers touting the bullshit capabilities you reference, but that’s it.

Reply to  c1ue
June 9, 2024 5:50 am

Yeah, if AI gets rowdy, just turn off the electricity.

Rick C
Reply to  c1ue
June 9, 2024 6:34 am

Does Chinese AI speak Mandarin or Cantonese? Or is English going to eventually be the global universal language?

c1ue
Reply to  Rick C
June 10, 2024 3:52 am

The LLMs don’t care about the language so long as the words are recognizable. Mandarin is actually much easier to handle because it is grammatically simple. On the other hand, classically educated (i.e. pre-Communist/not Communist) Mandarin would be extremely difficult because it makes a lot more use of euphemisms, allegorical sentences and what not. Think of a hoity toity literary or art critic – half their sentences are references to things which only similarly educated people who know.
And no, English is not going to be a global universal language.

Edward Katz
June 8, 2024 2:32 pm

Cheap and abundant electricity is the key to progress in almost every field these days, and the fact that China continues to exploit fossil fuels to the limit regardless of emissions is proof. It may be adding nuclear and hydro capacity also but these are still secondary sources, while wind and solar continue to bring up the rear because that country is aware of their limitations, and doesn’t try to delude itself and its people that these are the only ways of averting a climate disaster. Meanwhile too many Western countries have allowed themselves to be over-influenced by the doomsday crowd which has yet to prove that their green energy proposals can actually replace fossil fuels, hydro and nuclear on a wide scale. So Trump is definitely on track with his insistence that fossil fuel security is vital if the US and other countries intend to be able to counter China’s push to establish AI dominance.

Reply to  Edward Katz
June 8, 2024 2:42 pm

What cheap and abundant electricity in China ?. Theres major shortages that would make your hair stand on end
https://www.scmp.com/topics/chinas-power-crisis

They have already kicked off crypto mining offshore , especially to US !

Reply to  Eric Worrall
June 10, 2024 3:08 pm

Still doesnt make the abundant energy claim that my link shows isnt so .
Mining for crypto doesnt circumvent currency controls , it generates new currency. Im surprised you dont know that basic crypto fact

Reply to  Duker
June 10, 2024 8:52 pm

To call you a troll would be a disrespect of trolls.

old cocky
Reply to  Duker
June 10, 2024 9:09 pm

Mining for crypto doesnt circumvent currency controls , it generates new currency.

Well, enough energy burn in ‘mining” potentially generates new crypto tokens. You can treat those as currency if you like. You can also use cowrie shells, NFTs, pigs or cows as currency if you like. Tulips were quite the rage at one stage as well.

Those tokens are wonderful for circumventing currency controls, money laundering, etc.

June 8, 2024 2:33 pm

As if Trump was not already friendly to big tech in his first-term. Finally, these previous buffoons are waking up to reality and realizing that Biden and company are a fraud and an impediment to their success. Does that mean FB, Apple and Google etc… will have an epiphany and realize their self-interests are in jeopardy and Trump offers a better alternative or will Zuckerberg continue to build his doomsday bunker? Reality and self-interest just might trump emotional and ideology idiocy.

Reply to  George T
June 8, 2024 2:49 pm

Still makes Trump a clown, as most of the senior people who worked for him in the White house have said.
Even his recent trial was a shit show from the defence . the judge had to ‘object’ for the defence in some situations to prosecutions questions.
Costello was a train wreck and made no sense unless trump picked him to be a defence witness.
No sign of Trumps long time bodyguard, Keith Schiller who did the actual invite of Daniels in Reno to come and meet big Donny ‘for dinner’. He could have refuted the whole meeting if he testified for trump, thats if it didnt happen …LOL.

Reply to  Eric Worrall
June 8, 2024 3:48 pm

he didnt work in the West Wing. Just one of the 3000 people who work in the EO of the President outside the White House.

Reply to  Eric Worrall
June 10, 2024 3:14 pm

Trump probably didnt know he existed. Science advisor just generates paper for other West wing advisors.
When William Happer realized this summer that his plan to question climate science had been shut down by the White House, he knew he’d stick to his promise: to serve exactly one year in President Donald Trump’s administration and then leave.”
Shut down by the other advisors , if he talked directly to Trump it would have worked out different for him. Im assuming of course. have you asked him why Trump wouldnt follow his own agenda ?

Reply to  Duker
June 10, 2024 8:53 pm

To call you a troll would be a disrespect of trolls.

Rud Istvan
Reply to  Duker
June 8, 2024 3:08 pm

Duker, I am an attorney, and could not disagree more. Marchan did not hold the indictment unconstitutionally vague, did not allow the former FEC head to testify, and issued manifestly unconstitutional jury instructions concerning the concealed predicate crime necessary to overcome the expired statute of limitations. See 1999 SCOTUS Richardson v US.

Reply to  Rud Istvan
June 8, 2024 4:08 pm

Predicate crime wasnt concealed at .
The single crime that made concealing business records a felony was the NY state crime of conspiracy of 2 or more persons to influence an election by* unlawfwful * means. [‘unlawful means’ was 3 further crimes *possible*- 1) campaign finance- specifically Cohen at Trumps direction 2)falsifying other business records 3)false infor on tax return]
The various DA for NY city have prosecuted this very felony concealing business records 1000s of time in the last decade. [There even are specialist lawyers in Manhattan dealing only with felony concealing business records cases – look it up] Often they are politicians who have campaign finance crimes as the predicator. Trump used his own money- but falsified the records- unlike the previous Dem presidential candidate John Edwards who was tried for hush money payments with donors money.
Meanwhile a democratic Senator is being tried in Manhattan for his corruption crimes, the Presidents son is being tried for gun felony thing.

The former FEC head cant testify to the matter of the payments , only to what the law means. if you were a trial lawyer you would know that the judge is the sole decider of the applicable law , not any testimony from a witness
The investigation began within the required period before statute of limitations expired . It was halted for 4 years while Trump was President as that was a legal requirement for a state prosecution. The clock stops when investigation began not the trial started , when Trump tried every trick in the lawfare book to delay the trial. It would have been over last year before campaign season if his silly *loser* legal side issues werent in the way.

Its pointless you playing again the loser legal arguments that Trump could have made , while avoiding the proof of guilt in the 34 felonies he was convicted of.

Janice Moore
Reply to  Duker
June 8, 2024 4:26 pm

LOL.

Reply to  Janice Moore
June 9, 2024 5:55 am

Yeah, really! He doesn’t have a clue. Although he thinks he does. TDS, it appears.

Reply to  Tom Abbott
June 10, 2024 3:16 pm

Judges directions to jury as Im no lawyer Which are agreed with prosecution and defence lawyers .
You are the crazy one

Reply to  Duker
June 10, 2024 7:42 pm

“. . . as Im no lawyer”

What an understatement!!!

Reply to  Duker
June 11, 2024 4:44 am

There wasn’t much agreement from the Defense side. The judge imposed his own rules on them and on the jury.

The case will be overturned eventually.

Reply to  Tom Abbott
June 11, 2024 6:40 am

The case will be overturned eventually.

Just about every legal pundit I’ve seen (including ones on CNN and CBS) is saying there are way too many problems with the case, all the way to its basis on a novel legal theory that’s never been attempted before. The supposed predicate crimes are federal, were not prosecuted (declined to prosecute), and he was never convicted of any of them.

But the case was never intended to stand. It was intended to convict so that they could yell “CONVICTED FELON”.

Reply to  Duker
June 8, 2024 7:44 pm

Poor Duker..

Doesn’t understand the words “Political Kangaroo Court.”

Reply to  bnice2000
June 8, 2024 8:52 pm

Nope!

Reply to  bnice2000
June 10, 2024 3:17 pm

Ah yes . Trump Deity Syndrome . TDS

Reply to  Duker
June 10, 2024 8:57 pm

I wish Bugs Bunny was here. He would set you straight.

Reply to  Duker
June 9, 2024 9:04 am

Trump refused to testify and explain his actions.

F. Leghorn
Reply to  scvblwxq
June 9, 2024 11:36 am

So he stood on the Fifth Amendment. Welcome to America Lloyd.

Reply to  F. Leghorn
June 10, 2024 3:18 pm

Thats not what he said before ! Trump had claimed he would testify An innocent man doesnt need the 5th …or something

Reply to  Duker
June 10, 2024 7:46 pm

Most defense lawyers recommend that the defendant doesn’t testify. It’s an adversarial system in a hostile venue with a hostile judge. Fair Trial? That’s a laugh.

Reply to  Jim Masterson
June 11, 2024 4:47 am

Hunter Biden didn’t testify in his own behalf, either. The case went to the jury yesterday. He followed the advice of his lawyers.

Reply to  Tom Abbott
June 11, 2024 6:41 am

Hunter Biden didn’t testify in his own behalf, either.

But that’s (D)ifferent.

Sparta Nova 4
Reply to  Duker
June 11, 2024 7:18 am

Not true.

Sparta Nova 4
Reply to  scvblwxq
June 11, 2024 7:17 am

Trump was informed that should he take the stand, he could be asked questions about anything with no restrictions. That was the judge’s ruling.

Reply to  Duker
June 9, 2024 4:07 pm

No matter how you slice and dice it the trial violated Trump’s 1st, 6th, 7th and 14th Amendment rights. As a result, either through the NY or federal appeal process or SCOTUS the veridict will be overturned unless the Constitution is thrown out and I wouldn’t hold my breath waiting for that.

Reply to  Duker
June 9, 2024 9:59 pm

What idiot nonsense.
1} labeling a payment to a lawyer as a legal fee is not unlawful
2} the statues of limitations expired
3} state courts and DAs are not allowed to prosecute federal laws
4} the gag order is unconstitutional
5) NDAs are not unlawful
6) Merchan wouldn’t allow expert witnesses
7) Democrats suck!!!!!

Reply to  Jim Masterson
June 10, 2024 4:39 am

Radical Democrats are dangerous.

Reply to  Jim Masterson
June 10, 2024 3:26 pm

The lawyer said it wasnt legal fees. It was payoffs
1) Stormy Daniels hush money
2) Redfinch IT who hacked online polls to boost his numbers
3) Bonus for Cohen – self awarded

Limitations hadnt expired, as the state prosecution was in abyance while he was Potus for 4 years
State court wasnt prosecuting federal crime – it was state white collar false business records . The constitution provides for state and federal control of elections .
Claiming an NDA as a legal expense is felony false business records when you have a multi person conspiracy. The tabloid publisher testified about the Trump Tower meeting ..something like 5 people there including Trump
A criminal trail doesnt have expert witnesses about the law , the judge is the sole expert on what the law says

Reply to  Duker
June 10, 2024 7:25 pm

“The lawyer said it wasnt legal fees. It was payoffs”

You mean the “lawyer” who lied to every branch of government, convicted of perjury, has been disbarred, and was caught lying on the stand? You must be on something!

“Limitations hadnt expired, as the state prosecution was in abyance while he was Potus for 4 years”

There’s an exception for Presidents? Wow! Show me that legal precedent in the law.

“State court wasnt prosecuting federal crime – it was state white collar false business records . The constitution provides for state and federal control of elections .”

Nonsense!

“Claiming an NDA as a legal expense is felony false business records when you have a multi person conspiracy. The tabloid publisher testified about the Trump Tower meeting ..something like 5 people there including Trump”

More nonsense. NDAs are legal, and they are legal documents.

“A criminal trail doesnt have expert witnesses about the law , the judge is the sole expert on what the law says”

And judges are overturned all the time. So they aren’t the sole expert when it comes to THE law. Even Oliver Wendell Holmes’ ruling that you can’t yell fire in a crowded theater has been overturned.

Sparta Nova 4
Reply to  Duker
June 11, 2024 7:22 am

Cohen submitted invoices requesting Retainer Agreement payments.
It seems there was no written retainer contract, but verbal contracts are valid. T: “Take care of this and I will pay you later.” C: “Ok.” That is a legal contract and given a lawyer was involved, it is a retainer.
There are many very good and valid reasons to avoid verbal contracts. One of those is NOT that a verbal contract is not legal or binding.

Defense lawyers dropped the ball.

Reply to  Duker
June 10, 2024 8:55 pm

To call you a troll would be a disrespect of trolls.

Sparta Nova 4
Reply to  Duker
June 11, 2024 7:14 am

The bank drafts were issued well after the election.
The bank drafts were against a personal, not a business, bank account.
The checks has no annotations other than payer, payee, account, amount, and date. So the question is, what was falsified in those checks as business records?

Janice Moore
Reply to  Duker
June 8, 2024 3:18 pm

Leaving aside all the errors in your misinformed analysis of the recent trial which was so blatantly and grossly unconstitutional on so many levels that its jury’s verdict is certain to be overturned on appeal —

That “clown” gave the United States:

— energy security (U.S. a net exporter of oil)
— secure borders
— ~ 1.5% inflation
— no horrific military debacles (think Bagram, etc. in Afghanistan)
— affordable gasoline and groceries, etc. (up ~40-50% under B.)
— rational, data-driven, economy-boosting, energy policy

(and I could list many other great things)

I’m voting for “the clown.”

*****TRUMP 2024!*****

*******************************

By the way: you never did tell us what “that” is (re: “That still makes…”). Nothing in the comment you replied to supplies any meaning for “that” in your opening sentence.

You come off as mildly intellectually impaired (drunk? high on pot?). You DO, nevertheless, show that you can still think somewhat clearly by your posting anonymously.

Laws of Nature
Reply to  Janice Moore
June 8, 2024 8:55 pm

Well.. at least for some of those points I would argue that you seem to say that
“Trump doing nothing about it” was better than “Biden actively screwing things up”

IMHO both clowns are quite horrible by the one metric which will haunt us all in the not too far future, raising the national debt!

But since these days I am “blessed” with little commercials when watching youtube about Biden asking for money.. before anybody thinks about voting, please look at some live feed of any recent Biden appearance, he looks unbelievable old (and yes I know people beyond 85 who would run circles around Biden or Trump intellectually -these two remind me more and more of those old muppets)

I look at both of those candidates and wish there would be anybody else!

Reply to  Laws of Nature
June 9, 2024 6:03 am

“IMHO both clowns are quite horrible by the one metric which will haunt us all in the not too far future, raising the national debt!”

Trump’s portion of raising the national debt was spent on keeping businesses in business and keeping people employed through the Covid Pandemic, which began in 2019. Trump says if that money hadn’t been spent, the U.S economy would have gone into a Depression.

But Trump overcame the Covid Pandemic as did the U.S. economy and when Trump left office the U.S. economy was growing at 6+ percent and gasoline was about $2.30 a gallon, inflation was at 3 percent, housing loan rates were below 3 percent, and 500,000 people got jobs in Trump’s last quarter (which Biden promptly took credit for).

Reply to  Tom Abbott
June 9, 2024 9:10 am

Trump also gave the US the highest unemployment rate since the Great Depression. It was 14.8 percent and left office with it at 6 percent.

Reply to  scvblwxq
June 9, 2024 10:47 am

Yes, the Covid lockdowns may have had something to do with that.

F. Leghorn
Reply to  scvblwxq
June 9, 2024 11:40 am

Are you claiming that covid was somehow Trump’s fault?

Reply to  F. Leghorn
June 10, 2024 4:43 am

I think he is. He is wrong. He is wrong about U.S. employment, too. He has TDS.

Reply to  scvblwxq
June 9, 2024 1:18 pm

What else was going on when he left office that just might have affected employment? And what was the unemployment rate immediately before that?

Reply to  scvblwxq
June 10, 2024 4:42 am

Trump didn’t give the U.S. its employment rate, it was the Covid Pandemic that caused the job losses, and it was Trump’s actions that restored the U.S. economy.

The U.S. economy was booming when Trump left office. Biden came in and put the brakes on everything with his stupidity and ideology.

Sparta Nova 4
Reply to  Tom Abbott
June 11, 2024 7:25 am

And 1.5 million vaccines per day….

Reply to  Janice Moore
June 9, 2024 9:06 am

Trump also gave the US the highest unemployment rate since the Great Depression 14.8 percent.

F. Leghorn
Reply to  scvblwxq
June 9, 2024 11:41 am

I’m telling your handlers they really need a better troll than the one they have.

Reply to  scvblwxq
June 10, 2024 4:52 am

A little perspective is always good:

https://trumpwhitehouse.archives.gov/issues/economy-jobs/

“Unemployment fell to 6.7 percent in November, from a pandemic peak of 14.7 percent in April—beating expectations of well over 10 percent unemployment through the end of 2020

The 8 percentage point decline in the unemployment rate from April to November is the largest seven-month reduction ever recorded

Under the previous administration [Obama-Biden], it took 49 months for the unemployment rate to fall from 10 percent to under 7 percent, compared to just 3 months for the Trump Administration”

Read the rest of the link and you will see just how wrong you are about Trump and the U.S. economy.

Reply to  Janice Moore
June 10, 2024 3:32 pm

Energy security.
Thats called Fracking which had nothing to do with Trump
had been growing massively under Obama and became same under Biden . neither of whom made it happen either. Market forces
“During President Trump’s term, the U.S. imported an average of 9.3 million barrels per day (bpd) of crude oil and finished products per day.

U.S. Energy Independence Soars To Highest Level In Over 70 Years[During Biden]- Forbes https://www.forbes.com/sites/rrapier/2023/05/02/us-energy-independence-soars-to-highest-levels-in-over-70-years/

MiloCrabtree
Reply to  Duker
June 8, 2024 3:30 pm

Get lost, stinking troll.

Reply to  MiloCrabtree
June 10, 2024 4:39 pm

my own derangement syndrome… Its very Trump supporter . Are you going burn down the Capitol next time ?

Reply to  Duker
June 10, 2024 8:02 pm

Yeah. The mostly peaceful George Floyd riots were burning down whole neighborhoods. No Trump supporter burned anything. You are a typical, silly troll. Begone!

Sparta Nova 4
Reply to  Jim Masterson
June 11, 2024 7:29 am

10 plus months of Portland riots with a section of the town declared a “Free Zone” was not an insurrection.

A demonstration lasting a few hours that became violent some 15 minutes prior to Trump’s “fight like hell” phrase was an insurrection. Hmmm…

F. Leghorn
Reply to  Duker
June 9, 2024 11:31 am

Shouldn’t you guys be concentrating on building up your preferred candidate? You know – touting Biden’s roaring successes? Come on fellow, trashing Trump isn’t working for you. In fact, it’s having the exact opposite effect. Get a grip and convince us why we should agree with you. Okay?

Reply to  F. Leghorn
June 10, 2024 4:41 pm

Trump has been losing since Nov 2016.
Remember when he set up his own commission to prove the 2016 election was a landslide for him. It folded when there was no there there
Every election since has shown the same result

Reply to  Duker
June 10, 2024 7:50 pm

Trump losing? It’s only in your mind. Where he will lose is with all the Democrat voting fraud.

Sparta Nova 4
Reply to  Jim Masterson
June 11, 2024 7:34 am

Please differentiate between voter fraud and election fraud. The media conflated the terms and, yes, voter fraud was low, but election fraud was not.

Trump was not attempting to overturn the election results. With credible (but unsubstantiated) reports, he was attempting to challenge the election results based on reports of significant election fraud.

Sparta Nova 4
Reply to  Duker
June 11, 2024 7:32 am

Hunter Biden’s laptop. Massive election interference.
Polls indicate it likely that over 5% of the voters would have changed their votes to Trump had the DNC, FBI, DOJ, and Biden not silenced the story.
Note the FBI had certified the laptop as authentic (and this was presented in the HB gun trial) 10 months prior to the election and nothing was said when the false Russian Disinformation hoax was perpetrated and social media censored.

Tom Halla
June 8, 2024 2:48 pm

Realizing that the Green Blob is basically Luddite, and reflexively opposes technology, is not something the software titans really understand. Tolerating anyone who caters to the Greens is dangerous, as the Greens are nihilists.
Technology is their equivalent of Original Sin, and the truly pure must oppose it.

Drake
Reply to  Eric Worrall
June 8, 2024 3:13 pm

Well put Eric.

Musk, NOT one of those lunes, actually knowing the dangers (why he bought X was twitter) has to fear the next leftist president, and that means Brandon if he wins, will take SpaceX and Starlink for “national security” purposes. Then they will take over X to end any chance of open honest discussions on a major social media site.

Janice Moore
Reply to  Eric Worrall
June 8, 2024 4:10 pm

Indeed. Businesspeople, patent holders, and the wealthy in general, are appalled at how the left has hijacked the justice system to attack Donald Trump.

Most (I daresay) technical people are introverts and independent thinkers. They value ABOVE all else their freedom to be left alone and not told what to do or how to do it.

Asked what key issues mattered most to people in Silicon Valley and could influence which presidential candidate they decided to support, Sacks pointed to the economy. Other issues he identified as important included foreign policy, the border and lawfare.

(Source: https://www.foxbusiness.com/politics/david-sacks-says-trump-fundraiser-tremendous-turnout-surpassed-goal-kudlow )

In the following interview, David Sacks comments on Donald Trump’s assertion that he has a higher IQ than Biden:

… there’s no comparison between the cognitive abilities of these two men.

Heh.

Rud Istvan
June 8, 2024 2:57 pm

Eric, I agree that Trump is the right man in the right place at the right time.

But for this US independent (NPA) voter, mostly not for the energy reasons you cite. China AI is hindered by lack of access to ASML nanometer lithography. Huawei is far behind Nvidia in GPUs and associated software. True, China has the coal fired energy to power AI. But US can just put up fast, easy, ‘cheap’ CCGT fueled by abundant fracked natgas near every new AI data center—after we get rid of Biden.

Trump is the right man because:

  1. He did and will again tariff the hell out of China.
  2. Support Taiwan.
  3. Did and will again force NATO to live up to its commitments.
  4. Finish the southern border wall Biden canceled to disastrous results.
  5. Expose the Deep State, which his sham conviction now gives him the motivation to completely destroy after Jan 20, 2025. Example. Clapper just refused to retract his ‘Hunter Biden laptop is Russian disinformation’ letter signature along with 50 IC others before the 2020 election. AFTER the FBI just testified in the Hunter gun trial that the laptop was genuine and not tampered with—didn’t matter to Clapper. All 51 signatories GONE. Revoked security clearances, and fired if still IC employed.
  6. Finish MAGA. Lots to do for Main Street v Globalists.
  7. Get rid of all the new ‘climate change’ Biden regulations. $Billions for ‘hundreds of thousands’ of EV chargers when just 7 have been built (Buttigieg incompetence on full display). New average fleet milage standards implicitly mandating many more EVs by 2031.
  8. Remove the standards exception ‘pass’ that lets crazy California drive the entire US car industry.
  9. Revoke the unconstitutional Biden reinterpretation of Title 9, where statutory biological sex became regulatory gender orientation.
  10. After the 2024 landslide (assuming Congress also) finally pass meaningful immigration reform. No more fake third country asylum. DACA solution simple: graduate high school, then trades, military, or college, and if no criminal history, after 5 years get green card and citizenship path—else deported. Remove birthright citizenship. Does not require amending 14A clause one; only a statutory reinterpretation of ‘and subject to the jurisdiction thereof’—an illegal alien expressly did not make themselves fully ‘subject to’ or they would not have been here in the first place.

I could go on ranting, but probably uninteresting to non-US WUWT readers.

Reply to  Eric Worrall
June 8, 2024 3:46 pm

There is no excess of power in China

Reply to  Eric Worrall
June 8, 2024 7:01 pm

Are the reports of China having difficulty, or significant uncertainty, securing enough coal and other FF assets to power all their projects, let alone keeping the citizens comfortable and happy, unfounded? I’d say certain neighbors, including Australia, need to keep a close eye out.

Reply to  Eric Worrall
June 10, 2024 4:44 pm

Deal with warlords for what ? Those mineral riches they talked about just after US invasion were all BS too. let alone the acess to China over serious mountain ranges unless they go through the Muslim ‘stans
Good luck with that method too.

Dave Andrews
Reply to  Eric Worrall
June 9, 2024 7:16 am

I’ve seen two different estimates of China’s coal power at the end of 2023.

Global Energy Monitor.org (US) puts the total at 1080 GW with 47.5GW added in 2023, whilst Climate Energy Finance (Australia) puts the total at 1390GW with 58GW added in 2023. The latter also says coal provided 70% of China’s electricity in 2023

Whichever is more correct that’s an awful lot of coal fired capacity.

Reply to  Eric Worrall
June 9, 2024 10:01 am

All nice ideas until you consider the energy costs of powering AI at scale. All this talk about a seismic AI shift makes me rather skeptical. For implementation you better control the energy sector and devide tech fr the public. There will be a pushback. And, is AI not the new renewables? Promises, promises..

June 8, 2024 3:26 pm

AI.
By definition it’s “Artificial”. That’s true.
“Intelligent”?
Let’s see.
No morals or conscience beyond it’s programmers’ morals and biases. (No “conscience” for it to conclude it’s programmers’ morals and biases are wrong.)
But it is very fast at delivery a sentence or paragraph rather than just a “link”. Like Wikipedia, it will tell you in hurry what 2+2 equals 4 accurately but Brandon + The Green New Deal equals Disaster? Depends on the programmers’ “cause”.
I think that about sums it up.

Reply to  Eric Worrall
June 8, 2024 7:03 pm

to openly perform? There is more than a little US history to consider.

sherro01
Reply to  Eric Worrall
June 9, 2024 3:16 am

Eric,
I find it hard to reason in this dynamic and topic(s) of discussion. Sometimes emphasis swings to future AI, its needs, its possible dominance etc. Then I recall that people forever need food, clothing, shelter, which are less sexy but more fundamentally important, in the sense that AI can be turned off but food cannot (in realistic terms). So I tend not to read myself into fine detail,to just sit back and see what evolves. Like, I cannot do anything about it anyhow.
I favour a society where there are fewest people paid to tell others what they can and cannot do.
Growth of numbers of people telling us what to do stands out as the big social change over my 80+ years. Geoff S

Reply to  Gunga Din
June 8, 2024 11:16 pm

I think AI is a handy tool but i don’t expect it to function solving intricate important and often political, societal problems. And even IF it could humans will bend it to their will. And the best policy is often not followed. The one that supports people’s interest will be. AI will be additional. If it wants to be widespread the energy to run it will have to be controlled. That means controlling how much AI gets and how much the rest of the population. For that to happen you already need AI or at least ‘smart’ tech to be in place to control the population. Given the limits of energy production i dont know how many people are going to vote f that. Politicians can and will be bought but given the economic prospects i dont see AI making much and fast inroads. It could even be that AI goes the way of unreliable energy, an addition to the current system.

Sparta Nova 4
Reply to  Gunga Din
June 11, 2024 7:39 am

I asked ChatGP if it was intelligent. It said no.

MichaelMoon
June 8, 2024 3:39 pm

AI has not and will not do anything a human has not already done. When AI gets a patent by itself I will eat my hat.

Reply to  Eric Worrall
June 8, 2024 4:58 pm

Does that mean they don’t need to create any more actual Covid-19 type pathogens??

Fauci will not be happy !

F. Leghorn
Reply to  bnice2000
June 9, 2024 11:51 am

No Fauci won’t be happy but beagle puppies will.

Reply to  Eric Worrall
June 8, 2024 6:23 pm

drug simulators, like… like models?

Reply to  Joseph Zorzin
June 8, 2024 7:04 pm

Inorganic chemistry is much simpler but model work very smoothly.

Reply to  AndyHce
June 9, 2024 6:11 am

Sure, but if it’s models of drugs for humans- humans are organic and very complicated.

Reply to  Joseph Zorzin
June 9, 2024 11:37 am

My impression s that the models are more about chemical structures than about human responses. Find very complicated new drugs that can actually exist, then consider more traditional methods to find out if the new chemical is useful.

MarkW
Reply to  Joseph Zorzin
June 8, 2024 7:35 pm

Just because climate models are garbage, is not evidence that all models are garbage.

1saveenergy
Reply to  MarkW
June 8, 2024 10:11 pm

True; My model steam engines work faultlessly …

https://apis.mail.yahoo.com/ws/v3/mailboxes/.id==VjN-_uqRFsCgI-VBtPvHHpBpZnexVczrfMWsIFl6Gyk7kAGpll4YoeLcuu_HAcPRWOxebK_OxHj2kzyLHw7ldhVWSPOrXP3YtC-IhoaIjondBAE/messages/.id==AC1-oBIxZFXEYymSxAU72M-_CXs/content/parts/.id==5/thumbnail?appid=YMailNorrin

https://www.youtube.com/watch?v=EMAPiGDRQhA

https://apis.mail.yahoo.com/ws/v3/mailboxes/.id==VjN-_uqRFsCgI-VBtPvHHpBpZnexVczrfMWsIFl6Gyk7kAGpll4YoeLcuu_HAcPRWOxebK_OxHj2kzyLHw7ldhVWSPOrXP3YtC-IhoaIjondBAE/messages/.id==AG62ktkAAGs3SV0tkggAyBoYrcI/content/parts/.id==2/thumbnail?appid=YMailNorrin

ON COAL !!!

sherro01
Reply to  MarkW
June 9, 2024 3:19 am

Distinguish between models constructed to predict and other types like repeat models that direct machines to make copy after copy of a product. Geoff S

Reply to  MarkW
June 9, 2024 6:12 am

Of course. Climate models are garbage because the climate is very complex and not well understood. Same for humans- if it’s models for drugs for humans. I don’t know- just speculating.

MichaelMoon
Reply to  Eric Worrall
June 8, 2024 10:23 pm

How about those patents then? AI alone? To make a patent requires an original thought, known as a synthesis. Simulations with invoking numerous repetitions is the same as a computer playing chess, just tries every possible move out to 200 or more, calculates the best chance of success.

Show me this patent that AI did by itself. You have shown me nothing, how could a computer program know what new drug will work? We do not even know how aspirin works.

MichaelMoon
Reply to  MichaelMoon
June 8, 2024 10:39 pm

EWZERO,

This link describes nothing remotely similar to AI Inventing a new drug. Same as Deep Blue,drug interactions with human cells are analyzed for the chances of success. A new drug? Not so much, you can eat my hat, a nice Temple of Doom lid, we will all be proud of you.

Sparta Nova 4
Reply to  MichaelMoon
June 11, 2024 7:41 am

There is a backdoor. Take a known process, say a chemical. Simulate possible elemental replacements to see if a variation does the same thing. Zing. New patent.

Got this in a Sci Fi story decades ago.

Reply to  MichaelMoon
June 9, 2024 10:12 am

Oh, I think not!

Time will show that AI is superior to humans in bioengineering new viruses, such as COVID-19 that came out of the Wuhan, China lab.

Buckle your seat belts, its gonna be a wild ride!

mal
June 8, 2024 4:07 pm

If Biden and the green movement get their way not only say goodbye to AI computers and smart phones, also say good bye to food, tap water delivered to the sink, and flushing toilets.

Bob
June 8, 2024 4:10 pm

While it is good news that big tech is moving in a better direction I would be cautious. I don’t trust big tech unconditionally, there is a lot to be suspicious about big tech. They are crawling around in our business 24/7 and worse sharing our business with others. That is a bad thing. I think a Manhattan Project approach to AI would be a mistake. To rush ahead just to beat the Chinese would be unwise. Yes we should move forward with AI but at the same time recognize how AI can be misused and develop strong measures to counter it’s misuse not just by the Chinese but by our own people as well.

Reply to  Bob
June 8, 2024 7:06 pm

Like the infamous banking privacy bill, (attempted) privacy against everyone except government.

Marty
June 8, 2024 5:16 pm

I don’t really understand the situation in the Peoples Republic of Kalifornia. I don’t live there so I don’t have a handle for the way people there feel. For all I know, maybe the average person there wants to go back to being a medieval peasant. Or perhaps the elites in Kalifornia are finally starting to see the chaos and the filth and the crime and the destruction that Progressive policies have caused in what was once one of the best places to live on earth and perhaps they really want to change. Maybe. We’ll see on election day in November.

Reply to  Marty
June 9, 2024 10:06 am

The Peoples’ Republic State of Kalifornia . . . that is all that you need to know.

Jamaica NYC
June 8, 2024 5:54 pm

AI is for surveillance and do not trust anything coming out of Silicon Valley.

June 8, 2024 5:59 pm

…very quickly the AI itself would start playing a major role in its own improvement, and we could face an exponential surge in intelligence capability, with each 6-12 month upgrade cycle doubling the capability of the previous system, which then harnessed that greater capability to design the next upgrade.

The answer is 42.

Reply to  Phil R
June 8, 2024 6:26 pm

hmmm… or, 420

Reply to  Phil R
June 8, 2024 7:09 pm

Are you unaware that noone is able to understand where or how the current AIs get their answers to questions?

Reply to  Phil R
June 9, 2024 10:03 am

. . . but what was the question?

c1ue
June 9, 2024 4:15 am

I’m not in the 50K/300K donor class, but I know people who are. I referred one guy who was seriously thinking about attending at the 50K level but backed out due to the requirement for Secret Service vetting (standard for standing and ex President events) because that pretty much automatically puts you on a Deep State watch list.
He should have gone though, because being on the list as a large donor is far better than being a nobody who probably is still on (different) lists as he is a bit of a gun nut.
The mainstream media depiction above is actually not horrifically inaccurate but is inaccurate at its core: Lina Khan’s trust busting is considered less of a threat from a heavily Apple/Google/Amazon supported Democrat administration than if it were from a Trump one. Sacks and the other VCs – none of them are present Big Tech or even past employment at the present tech giants; it is not even clear they are of the generation that invested in these tech giants to start with.
They are almost certainly there because they understand how Thiel’s Trump actions for 2016 made him a go-to guy for Trump tech – positions which are already filled in the Biden administration by people like the Apple CEO and what not. This is pure opportunism and a maturing SV understanding that being donor class has its privileges, and being monolithic Blue is not beneficial if you are a (relatively) small fish.

observa
June 9, 2024 6:05 am

Meanwhile in Oz one small step for mankind-
(22) WOW!! Australian party vows to LEAVE Paris Agreement! | MGUY Australia – YouTube
Hasn’t let go of the 2050 drivel yet but at least it’s a step in the right direction.

damp
June 9, 2024 7:58 am

The Communist Chinese vs. the Communist Chicken Littles. This should turn out well.

June 9, 2024 9:17 am

Trump needs more than money and promises . . . a LOT more.

Reply to  ToldYouSo
June 9, 2024 1:59 pm

Good thing he has it. !

AWG
June 9, 2024 5:10 pm

My prediction – President Trump is about to reap the reward, for being the right man in the right place at the right time.

It would take four years minimum just to get environmental studies completed for that hypothetical thermal power plant.   Then about eight to ten years of litigation with starts and stops as one court says one thing, another blocks progress, and just like something simple and benign as Keystone XL pipeline, billions of capital are tied up and lost when whoever follows Trump (assuming the CIA doesn't JFK him before November) will simply whip out a pen and a phone and elimiinate the entire energy project just as the first shovel of dirt is thrown.

Alex Epstein tells the tale of the Tide Water Pipeline which was a 130 mile pipeline which in under three months ran a hydrocarbon pipeline through the mountains and was delivering kerosene - all this competing with Rockefeller's Standard Oil and railroad monopoly in 1878.  Epstein called it "Energy at the Speed of Thought".

Given the Deep State and entrenched bureaucracy, it is a safe bet that nothing will get done, sabatoge will happen at every level and the Left, if they haven't set fire to the nation in January of 2025, will certainly be using every trick in the book to twist and manipulate the population, the courts and the law to crater the economy.

They violated many of Trump's constitutional rights in the recent Show Trial and they are slapping each other on the back in celebration giving zero concern for the fact that they have destroyed any remaining thoughts of integrity in the courts.

It is going to take a massive army of Heritage Americans to get out of the comfort zone and do what needs to be done against the 5th genration warfare the former United States has been under for the past two decades originating from this country's own IC and connections to China.
ferdberple
June 9, 2024 5:30 pm

If US electricity was free everything would be made in the US.

Wealth can be grown, dug out of the ground, or manufactured.

The US is driving farmers out of business with regulations, tying up mining with the courts, and shutting down manufacturing with costs.

Record debt spending is replacing wealth. AI cannot solve this without political will to change

ferdberple
June 9, 2024 6:03 pm

Julius Caesar stole billions of dollars from his neighbors. Killed or enslaved millions yet he is considered a great leader.

Jimmy Carter was a nice guy. Widely regarded as a weak and ineffective President.

This pattern repeats throughout history. Niceness does not a great leader make. Imagine if Biden was running Russia instead of Putin. Instead, imagine if Putin was running America.

Would Ukraine be fighting for its life?.

Reply to  ferdberple
June 10, 2024 6:52 am

Niceness does not a great leader make

Chamberlain vs. Churchill comes to mind.

Reply to  ferdberple
June 10, 2024 10:34 pm

Julius Caesar gave us the Julian calendar. Not everything dictators do is evil.

ferdberple
June 9, 2024 6:19 pm

As fast as electricity may be, it is a limit to computer power. A nanosecond is something like 8 inches of wire.

You cannot make computers smarter by making them bigger. You make them smarter by making them smaller.

Thus, massively parallel computer solutions are self limiting unless you can also shrink the hardware. This is why there is a continuing arms race to exponentially increase the number of logic gates on a chip.

If you cut the size in half, you get 4 to 8 times the real estate, depending on how many layers of logic can be overlain.

Sparta Nova 4
Reply to  ferdberple
June 11, 2024 7:45 am

There are other considerations, speed vs. power dissipation being the first to come to mind, but otherwise yours is an insightful post.

Sparta Nova 4
June 11, 2024 7:05 am

It won’t be AI that takes down USA.
The American people, united in cause, are indominable.
Decades of studying has resulted it the only way to beat us.
Divide the society. Race, DEI, trans, Dem vs Rep, education… the list is extensive and all of them are binary. If you are not my friend, you are my enemy and if you can’t repeat what I say word for word and agree with every point, you are my enemy… Anti, phobic, whatever.
That is ongoing.\
Now, the other thrust is to destroy the economy.
It was once the golden rule that whoever controlled the money controlled. That has evolved. Whoever controls the energy controls the money.
So we are impoverishing out energy system to genuflect to the unelected One World Order sponsor, the UN.

It is not an optimistic future. And we are brainwashing our kids to believe they are doomed.