Watch Desk posted an update
Blackstone president Jon Gray says the firm plans to maintain heavy exposure to electricity, defence and life sciences, arguing that AI’s move from desktop computing into the physical world will drive power demand for decades.
Why it mattersThat is an investor’s view, not a forecast with a guaranteed power supply attached. But it reflects a consequential bet: AI’s growth may be felt not only in data centres, but across the industries and infrastructure needed to support it. Bloomberg reports Gray’s comments. The question for investors is whether that demand becomes a durable opportunity or a very long wager on AI’s appetite for electricity.
Discuss: Should investors treat AI-driven electricity demand as a decades-long opportunity, or is that too much faith in one technology’s growth curve?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.