The Substack had footnotes. I followed them.

By four in the morning I had the shape of it.

Seven trillion dollars. Two hundred gigawatts by 2030. Every number pointing the same direction — more scale, more centralization, more infrastructure. The largest coordinated capital deployment in modern history built on a single assumption nobody in the room had questioned.

That inference stays where they’re putting it.

I wrote that down. Then I wrote: what if it doesn’t.

I sat with that until the street outside began to come back.

Note: He’s not wrong about the transition. He’s wrong about where it lands.