All-In discusses the Democratic Party's victory, estimating a 10 to 15 GW power supply delay

On the night of the U.S. midterm elections, the Silicon Valley podcast All-In held a live broadcast where several tech investors discussed the potential impact of the Democratic Party's victory on the AI industry. Host Chamath Palihapitiya stated that AI investment has become an important pillar of U.S. economic growth, and the construction of data centers heavily relies on power supply. If the Democrats restrict the construction of new data centers in places like Texas, the entire AI industry could be affected. Host Jason Calacanis suggested that the tech industry, which had previously actively supported Trump, should now proactively engage with the Democrats to collaborate on AI regulatory policies. He also believed that the tech community's repeated warnings about AI potentially leading to human extinction and massive unemployment have exacerbated public fear of AI.

All-In regular guest and founder of Altimeter Capital, Brad Gerstner, believes that many Democratic winners simply hope to have more say in AI regulation and do not intend to completely halt AI. He estimates that the power capacity for new data centers in the U.S., originally planned for 2027, may see 10 to 15GW unable to be operational on time. He remains optimistic about the growth of AI model companies and stated that as an existing investor in Anthropic, even if data center construction is hindered, Altimeter still hopes to be one of the largest buyers at the time of Anthropic's IPO.