Tokenomics - gigawatt demand needs giga-dollars of capital, says Bloom Energy CEO KR Sridhar, but rapid ROI is possible
As a technology optimist, to me, it's a given that token cost and token efficiency and token's ability to do things are all going to improve.
That’s the upbeat assessment of KR Sridhar, CEO of utility provider Bloom Energy on the current tokenomics debate that is so vexing so much of the enterprise community. His view is based on an assumption:
Cost will get better, cheaper, efficiency of the token will get much better. What a token is able to do with respect to productivity will keep increasing. All of them will happen. That means the token price point will come down, but the total token usage will go up like crazy because that's Jevons Paradox. And when that happens, you need more power, not less power. So if anything, this is going to accelerate. If anything, whatever we are predicting on AI is an under-estimate, not an over-estimate.
Clearly...
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