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The compute supply is much less elastic and less capable of absorbing demand shocks than the extraction of metals.
Drawn from what Dwarkesh Patel said
What Dwarkesh Patel actually said
- Dwarkesh Patel Interviewer; the Dwarkesh Podcast runs long
I'm guessing the Simon-Ehrlich basket of commodities is not the correct reference class for compute, because compute supply is much less elastic, and much less capable of absorbing large demand shocks or being accommodated by different substitutes, than the extraction of different metals is.
Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us
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