THE LARGEST INVESTOR ON EARTH JUST SILENCED THE AI BUBBLE CROWD: BlackRock CEO Larry Fink controls $14 trillion in assets.
Every Fortune 500 CEO reads his letter before breakfast. He just said this in his latest BBC interview: 1. “This is not a bubble” Fink talks directly to hyperscaler CEOs. Their message: demand is outpacing supply. Not slowing. Accelerating. They can’t build fast enough.
2. One data centre = $50 billion A single 1GW Al data centre costs over $50 billion. One tech CEO told Fink he needs 23 gigawatts by 2030. That’s over $1 trillion. From one company.
3. China is building 100GW of nuclear. Right now. That’s 30+ nuclear power stations under construction. While Europe debates planning permission, China pours concrete.
4. The real bottleneck isn’t chips. It’s power. “The biggest issue that limits the West is the cost of power.” His words. Not mine.
5. Al will create a blue-collar boom Fewer analysts. More technicians (e.g. electricians, welders, plumbers). The people who build and maintain Al infrastructure will be in massive demand.
6. Energy pragmatism, not ideology Oil. Gas. Solar. Nuclear. Wind. Use everything. Cheap power = economic resilience. Expensive power = recession.
The largest investor on Earth just told you exactly where the money is going. Al infrastructure demand is real and accelerating. Only constrained by power.
Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
canisgallicus 