Annual solar deployment spending is approximately $500 billion per year; comparing this to historical energy transitions, it represents an unprecedented scale, potentially rivaling the scale of electrification.

Oil demand elasticity has changed over time; in the past, oil demand was very inelastic (price increases would not reduce demand significantly), but new technologies create more flexibility: people can work remotely through video conferencing rather than traveling, and fracking has increased supply elasticity.

AI and compute infrastructure have the potential to absorb arbitrary amounts of energy as they improve; there is no existing sector where dumping more energy into it creates such elastic demand, making AI/compute potentially unique in its energy elasticity.