Fusion making electricity is coming!?

There are about 70 companies currently working on making commercial solutions for Fusion producing electricity. And the "100%" expectation is that at least one of them will produce a functional, price competitive solution in the next 10 years! This is a big news, since typical expectation is the last 60 years was always that Fusion for energy will be available in the next "20 years". This is after recent IEEE news of making "net energy positive" Fusion experiment. This, with recent AI breakthroughs, the "singularity is even nearer." Here is an exciting discussion with some people working on it. 

All-In Summit: Nuclear fusion and the potential for energy abundance - YouTube

Robert Mumgaard presentation: Commonwealth Fusion Systems

David Kirtley presentation: Helion Energy

Relevant links:

https://twitter.com/CFS_energy

https://cfs.energy/

https://twitter.com/dekirtley

https://twitter.com/Helion_Energy/

https://www.helionenergy.com/

Fusion Is Having a Moment - IEEE Spectrum

Last December, Lawrence Livermore National Laboratory’s National Ignition Facility finally succeeded in forcing the hydrogen isotopes deuterium and tritium to undergo a self-sustained fusion reaction. It was an encouraging advancement, though not exactly a breakthrough. NIF’s small net energy gain didn’t factor in the energy it took to fire up the 192 ultraviolet lasers that initiated the reaction, which lasted “for the briefest blink of a moment,”

business story: COSTCO (podcast)

Costco: The Complete History and Strategy @acquired.fm

Costco is not only Charlie Munger’s favorite company of all time (plus he’s on the board, natch), it’s an absolutely fascinating study in how seemingly opposite characteristics can combine to create incredible company value. For instance: Costco has the cheapest prices of any major retailer in America — and also the wealthiest customer base. They pay their hourly workers 30% above the industry norm (and give them excellent healthcare + 401k benefits) — and are almost 3x more profitable on labor than Walmart. Speaking of Walmart, Costco stocks 40x fewer SKUs than their Bentonville-based rivals — yet sells an average of 15x more volume of each.