Yes, AI is a catalyst. But for what is not yet knowable.

The current narrative holds that the big problem we need to solve is conjuring up cheap energy to power AI data centers. Fortunately for us, the solutions are at hand: building modular nuclear power plants at scale and tapping North America’s vast reserves of cheap natural gas.

Problem solved! With cheap energy to power all the AI data centers, we’re on a trajectory of fantastic growth of all the good things in life.

Let’s consider the imp...