Entry tags:
AI and Peak Oil Update
Tech Bros are all hand in hand with the Pharma Bros and the Fintech Bros, we can see it in the Stargate Project.
I think all software products are worst ever. And very expensive, I don't know why people are not protesting in some form. If AI touches anything is even worse, garbage to the point almost unusable, exactly in those corner cases you need the app/service most. The best trait of software was 100% predictability, if I don't have that I rather deal with people than AI.
A lot of that Natgas from fracking goes into the AI hype, and they want at least in the future 9 percent, literally a pipedream.
The way software is going now is for the biggest amount of energy, cloud, AI, etc. all that stuff. US produces now about 13.6 Mbarrels per day... most ever in history no other country had that. Imagine how the US works at this record levels and imagine just a slight decline, or for that matter, double digits percents anual declines... Funny that now that peak oil was pretty much abandoned by everyone and their grandmother, it might kick the strongest.
And the biggest blindspot of peak oil crowd is that countries will go down the same during the decline, I think they will not. Some will fare better than others.
I used data from the EIA to create the world production graphic. The data goes up to 2024, but even with projections extending to 2026, the peak still remains in 2018.
This is happening despite record U.S. production, with the U.S. becoming the largest oil producer in history.
Lately, U.S. oil production has been hovering around 13.6 million barrels per day, with minor fluctuations in recent data.
Even in the highly unlikely scenario that the U.S. maintains this level, global production will still be on a plateau or in slight decline. The last time something similar happened was in the 1980s, and it was a difficult period for everyone.
Back then, by the end of the decade, one empire had to collapse to relieve the pressure—ultimately, it was the Soviet Union.
Who will be next? Europe, the U.S., Russia, China?
The situation looks dire over the next decade, in my opinion. If production remains at current levels, the pressure will continue to build. Now, consider the possibility of double-digit annual declines in U.S. output. Ouch!
Why are the "rouchnecks" in love with AI? It seems that also the Frack Bros are in for the AI hype train...
AI Boosts Profitability in the Permian Basin
Permian Permutations: ConocoPhillips Optimizes Decision Making With AI-Powered Workflows
AI is Changing Oil Country—and Pumping Up Profits
Eni fires up €100mn supercomputer in race to find oil and gas reservoirs
BP turns to AI for advice on oil and gas exploration
UAE's ADNOC to deploy autonomous AI in the energy sector for the first time
AI in Oil and Gas Exploration: Predictive Analysis
AI in Oil and Gas Exploration: AI applications in seismic data analysis for oil exploration
It seems that all big businesses, "the Bros" are on the same hype AI hype train. The Tech Bros, Finance Bros, Frack Bros, Pharma Bros, Moncrop/GMO Agro Bros, Hedge Bros, Crypto Bros, Aerospace Bros, Defense Bros, Gov Bros, Lobby Bros, Real Estate Bros, VC Bros, AI Bros all on the train.
I don't know what myth would be fit to explain this but, Icarus and Daedalus, would probably do it Icarus pushed too far, flying too close to the sun with his wax wings, while Daedalus, the wiser craftsman, used the same technology but with restraint, successfully crossing the sea.
If we apply this to AI and geopolitics:
AUKUS/Europe as Icarus – Rapid AI adoption, aggressive militarization, overreliance on untested or ethically questionable AI, pushing the boundaries too quickly without considering long-term consequences.
China/Russia as Daedalus – More cautious, pragmatic AI integration, focusing on control, strategy, and ensuring steady technological process without, at least apparently, overextending or self-destructing.
Notice how China/Russia doesn't invest that much in the AI tech, but just enough to keep US on the dead end pursuit. Deepseek anyone? Russian mRNA cancer treatment. I suspect Wuhan "experiments" has the same purpose. As is probably the Russia mRNA cancer treatment or maybe even Sputnik which was refused by a country or two, (Hungary, Slovakia), as I recall because it was just placebo or didn't have anything active in it.
I think all software products are worst ever. And very expensive, I don't know why people are not protesting in some form. If AI touches anything is even worse, garbage to the point almost unusable, exactly in those corner cases you need the app/service most. The best trait of software was 100% predictability, if I don't have that I rather deal with people than AI.
A lot of that Natgas from fracking goes into the AI hype, and they want at least in the future 9 percent, literally a pipedream.
The way software is going now is for the biggest amount of energy, cloud, AI, etc. all that stuff. US produces now about 13.6 Mbarrels per day... most ever in history no other country had that. Imagine how the US works at this record levels and imagine just a slight decline, or for that matter, double digits percents anual declines... Funny that now that peak oil was pretty much abandoned by everyone and their grandmother, it might kick the strongest.
And the biggest blindspot of peak oil crowd is that countries will go down the same during the decline, I think they will not. Some will fare better than others.
I used data from the EIA to create the world production graphic. The data goes up to 2024, but even with projections extending to 2026, the peak still remains in 2018.
This is happening despite record U.S. production, with the U.S. becoming the largest oil producer in history.
Lately, U.S. oil production has been hovering around 13.6 million barrels per day, with minor fluctuations in recent data.
Even in the highly unlikely scenario that the U.S. maintains this level, global production will still be on a plateau or in slight decline. The last time something similar happened was in the 1980s, and it was a difficult period for everyone.
Back then, by the end of the decade, one empire had to collapse to relieve the pressure—ultimately, it was the Soviet Union.
Who will be next? Europe, the U.S., Russia, China?
The situation looks dire over the next decade, in my opinion. If production remains at current levels, the pressure will continue to build. Now, consider the possibility of double-digit annual declines in U.S. output. Ouch!
Why are the "rouchnecks" in love with AI? It seems that also the Frack Bros are in for the AI hype train...
AI Boosts Profitability in the Permian Basin
Permian Permutations: ConocoPhillips Optimizes Decision Making With AI-Powered Workflows
AI is Changing Oil Country—and Pumping Up Profits
Eni fires up €100mn supercomputer in race to find oil and gas reservoirs
BP turns to AI for advice on oil and gas exploration
UAE's ADNOC to deploy autonomous AI in the energy sector for the first time
AI in Oil and Gas Exploration: Predictive Analysis
AI in Oil and Gas Exploration: AI applications in seismic data analysis for oil exploration
It seems that all big businesses, "the Bros" are on the same hype AI hype train. The Tech Bros, Finance Bros, Frack Bros, Pharma Bros, Moncrop/GMO Agro Bros, Hedge Bros, Crypto Bros, Aerospace Bros, Defense Bros, Gov Bros, Lobby Bros, Real Estate Bros, VC Bros, AI Bros all on the train.
I don't know what myth would be fit to explain this but, Icarus and Daedalus, would probably do it Icarus pushed too far, flying too close to the sun with his wax wings, while Daedalus, the wiser craftsman, used the same technology but with restraint, successfully crossing the sea.
If we apply this to AI and geopolitics:
AUKUS/Europe as Icarus – Rapid AI adoption, aggressive militarization, overreliance on untested or ethically questionable AI, pushing the boundaries too quickly without considering long-term consequences.
China/Russia as Daedalus – More cautious, pragmatic AI integration, focusing on control, strategy, and ensuring steady technological process without, at least apparently, overextending or self-destructing.
Notice how China/Russia doesn't invest that much in the AI tech, but just enough to keep US on the dead end pursuit. Deepseek anyone? Russian mRNA cancer treatment. I suspect Wuhan "experiments" has the same purpose. As is probably the Russia mRNA cancer treatment or maybe even Sputnik which was refused by a country or two, (Hungary, Slovakia), as I recall because it was just placebo or didn't have anything active in it.