Three Arrows Capital co-founder Zhu Su said on July 20 that oil may be the best analogy for artificial intelligence. In his post, he argued that both oil and AI come in many different forms but are likely to become commoditized over time. He also said both require large-scale capital expenditure, often backed by states, to drive development. According to Zhu Su, the benefits generated by these industries can spread broadly across society, rather than staying confined to a narrow group of participants. At the same time, he said both carry external downsides that need to be managed carefully. He pointed to environmental pollution in the case of oil, while saying AI could bring risks tied to energy consumption, job displacement, and other social challenges. The remarks were reported by BlockBeats in a July 20 news flash.
BlockBeats reported on July 20 that Three Arrows Capital co-founder Zhu Su said oil may be the best analogy for artificial intelligence.
In his post, Zhu Su said both oil and AI exist in many different forms, but will ultimately become commoditized. He added that both depend on large-scale capital expenditure, often supported by states, to push development forward.
He also said the returns generated by both can benefit society broadly, while still bringing external negative effects that need careful management.
For oil, he pointed to environmental pollution. For AI, he said the risks may include energy consumption, job displacement, and other social risks.
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