Infrastructure – Julie Fredrickson

It’s been a pretty fantastic few weeks for my investments. Decisions made years ago are now looking pretty smart. A bet I made two years ago announced a round and then proceeded to announce splitting the atom the next week.

Not to only focus on current belle of the ball in Valar especially as everyone in the portfolio seems to be finding their way. We are lucky that we focused on compute, energy, and decentralization as that is the trifecta of the artificial intelligence wave.

I honestly didn’t expect that we’d see such progress in our nuclear pick. With the regulatory climate it seemed more likely compute marketplaces and inference products would outpace the most regulated technology in the world.

Somehow during a Trump administration you get unexpected outcomes. I’ve been fighting for compute figuring the energy bottleneck wouldn’t get addressed till we had the full supply side of new AI products. It turns out everyone wanted to rush into capital expenditures and infrastructure as the demand was already there.

I guess I’ve proved my own thesis again. You can get a read on the direction and maybe even first order effects but in a chaotic world the second and third order effects are much harder to predict.

And on balance for all the bad I think on balance the atomic age finally arriving might be a worth while trade for our future. Hard to say if I’ll keep that opinion but I am grateful America is getting back on track with nuclear power.

I feel like I’m in some sort of slapstick comedy with our city pratfalls. I’m in Los Angeles for the holidays which has been somewhat pleasant except for the modest signs of barely contained emergent chaos.

Which I frankly don’t expect to see we are staying in a very bougie neighborhood called Marina Del Rey. I figured the wealth that holds it together would make it more navigable. Lol.

There is something extremely funny about leaving your cozy Montana home with its backup solar power and multiple heating systems only to find yourself in an large apartment building on a rickety grid in an enormous city over which you have no control.

Last night around 11pm there was massive power outage affecting much of Marina Del Rey. Alex was already asleep having had a busy day so when the power dropped I didn’t want to wake him.

I went to fill up containers with water just in case we needed to flush the toilets as we are on an upper floor. I took a few pictures and went to bed with earplugs in and an eye mask figuring it would resolve itself.

The view from our Airbnb and the next set of low rises without power.

What seemed to be edge of the outrage from the Airbnb two or three blocks out.

Alex woke up at 6am and the power was still out. He had been working so nothing was charged and we had no WiFi. It was dark out as he started his work day on east Coast hours

It turned out the outrages were larger than just the complex around us. Twitter had some estimates for who was without power but we weren’t the only family members without power or water in the neighborhood.

Mind you this is the beachfront south of Santa Monica so a pretty upscale area populated by Silicon Beach types. It is unincorporated community in Los Angeles county which complicates its infrastructure.

The outage stretched on into mid morning. The car we had rented was trapped in the garage with the power out. The elevators were obviously not working and we were quite a few floors up. We couldn’t shower or wash up. Thankfully I had water for the toilets to flush.

It all felt a little dramatic for what should be a pretty normal day. Imagine if there had been an actual storm or an earthquake. Complaining about it on Twitter was made humorous given our friends know we are the types to do preparedness planning. We are all at the mercy of a blown transformer. So make sure you keep extra water on hand.