Today President Trump obtained a pledge from America’s leading tech companies that new data centers would not increase electricity prices for residential consumers.
These companies (including Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI) signed the “Ratepayer Protection Pledge” under which they agree to cover the costs of all new power generation required for their data centers, ensuring such costs are not passed onto American households.
This is a much better approach to affordability than Bernie Sanders’ total ban on new data centers, which would halt the construction boom currently driving wage growth and job growth for blue-collar workers. In fact, the Ratepayer Protection Pledge will lower electricity prices when AI companies pay for grid upgrades and sell their excess power back to the grid.
Since the beginning of his second term, President Trump has championed the idea of letting our leading AI companies become power companies, and now this idea is becoming a reality thanks to his leadership and the commitments of these strong American companies.
The right approach to data centers is not to stop progress altogether, but rather to protect residential rate payers from price increases, while making it easier to stand up new power generation.
If this post gets 200 likes the @opensea intern said they would add more @creepz to the rewards pool for season one
Can we get a 🕯️in the comments and repost for the Overlord
I waited 4 years to interview @matthall2000, co-founder of @LarvaLabs (creators of the Cryptopunks, Autoglyphs and Meebits) and of course it happens during Art Basel after a few tequilas.
Loved the energy, what really stood out to me is the relationship between Matt and @NaughtalieStone, which shows you the synergy with Yuga Labs.
As someone who entered the industry via NFTs and whose goal was to own a CryptoPunk, this interview was an honour and I'm very grateful for it.
Hot take: Yuga is doing a good job with the Punks, but I will let you watch and get a feel for yourself.
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Timestamps:
0:57 - What has @matthall2000 been up to since the sale to Yuga Labs?
2:20 - How do you see Punks evolving from here?
4:20 - Did you expect any of this to happen? Stories from the CryptoPunks inception.
8:33 - How is the relationship between the CryptoPunks founders and @YugaLabs today?
10:26 - Matt's favourite trait.
11:42 - What about Autoglyphs? Any plans on that side?
13:14 - Do you like seeing all the CryptoPunks collaborations? (Book, pendant, watch, etc.)
15:36 - What Matt wants Yuga to do next with CryptoPunks
18:18 - Do you consider yourself an artist?