He’s not wrong. They’re ramping up energy and material costs. I don’t think people realize we’re being boiled alive by AI spend. I am not knocking on AI. I am knocking on idiotic DC “spend” that’s not even achievable based on energy capacity. We’re at around 5th inning and the payout from AI is…underwhelming. I’ve not seen commensurate leap this year. Everything on LLM front has been incremental or even lateral. Tools such as Claude Code and Codex merely act as a bridge. QoL things. They’re not actual improvements in underlying models.