Chamath @ 00:51:45Inconclusive
aieconomyclimate
Absent major new solutions (such as cross‑subsidies or widespread behind‑the‑meter storage), average retail electricity prices will roughly double over the five years following this October 2025 conversation, driven largely by AI‑related data center demand.
what this energy CEO told me is, look, the next five years are baked and if we don't find some compelling solves… electricity rates will double in the next five years.View on YouTube
Explanation
The prediction specifies a five‑year horizon starting from the October 2025 conversation, i.e., roughly until October 2030. As of the current date (November 30, 2025), only about two months have elapsed, so there is not yet enough elapsed time to assess whether average retail electricity prices will have doubled over that full five‑year period. Therefore, the prediction cannot currently be judged right or wrong.