SF Compute CEO @​evanjconrad compares today’s compute market to electricity before the power grid. He explains that before utilities pooled demand, factories had to build enough generation for their own peak usage, leaving expensive capacity idle the rest of t

SF Compute CEO @​evanjconrad compares today’s compute market to electricity before the power grid. He explains that before utilities pooled demand, factories had to build enough generation for their own peak usage, leaving expensive capacity idle the rest of the time. “Every factory ran its own generator. And they had to size that generator for peak capacity. Then during idle hours they would just sort of burn that money.” “What happened in the power markets is that utilities came in and they pooled demand between all of these different factories.” “By doing that, you made the economics of all the factories better.” “This is how we scaled up electrification in the country.” “This is what people are trying to do with compute markets.” ▻