The Real Opportunity Behind AI

“Dad—read this. Tell me if I’m screwed.”

I read.

I replied.

“I’d be worried.”

My son had sent me a link to a long Twitter/X post, some tech dude analyzing the destructive impacts that Artificial Intelligence is already having on the jobs market, and the even-more destructive impacts shortly to arrive.

Honestly, I feel sorry for the generations below me—I’m Gen X. They stand at the edge of the Great Jobs Abyss as AI goes all scorched earth on everything from paralegals to burger flippers to factory line workers to radiologists… and far beyond.

As such, I do worry about my son and daughter—a Millennial and a Gen Z, respectively. They’re going to live through cataclysmic changes that foundationally alter what it means to work and how to afford the daily cost of still breathing.

But today’s dispatch isn’t about the impacts AI will have on our kids and grandkids.

It’s about the fact that AI simply exists and that because it exists, certain necessities exist too that an AI world cannot survive without.

Atop that list: electricity.

Without power, AI is literally dead.

We humans need oxygen to keep on keeping on… AI demands electricity. Without it, AI is a heap of inanimate computer parts that have no way to do anything.

As such, the current focus on AI stocks is kinda missing the point.

I mean, without power, AI giants like Nvidia and others are entirely pointless. The gear they make that allows AI to do what AI does won’t work.

So electricity is everything in an AI world.

From the International Energy Agency:
Electricity demand from data centers, heavily driven by Artificial Intelligence (AI) adoption, is projected to more than double by 2030, rising from approximately 415 TWh (terawatt hours) in 2024 to around 945 TWh. This surge means data center electricity consumption will grow by roughly 15% annually, which is more than four times faster than the growth of total global electricity consumption from all other sectors.
Just to put some of that paragraph into context… a single TWh can power more than 100,000 homes for one year. So, 945 TWh is about 65% of what the entire US housing market uses in a year. Data centers alone will gobble up as much as 12% of US utility demand as soon as 2028 and will represent 40% of demand growth for electricity.

In fact, household utility prices are up 10% or more across the country, explicitly because AI is gobbling up so much power.

My point with all of those numbers is that the US doesn’t have a bunch of spare electricity stored away in a root cellar somewhere that it can just open up as needed.

Someone has to build new capacity.

Now, if you read between the lines, what you realize is that the real opportunity in AI isn’t companies like Nvidia, Google, Microsoft, et. al.

It’s the companies that power the grids that serve as AI’s supply of electric oxygen.

And that means two sectors have brilliant futures: Natural gas producers and uranium miners.

Natural gas and nuclear energy both will play foundational roles in the growth of AI because they will supply the baseload power that ensures data centers remain powered 24/7/365, an absolute necessity for AI.

Natural gas is the immediate winner, because natural gas is abundant and easier to produce, and because most power plants are already set up to use nat-gas or can be relatively easily retrofitted to do so.

But starting later this decade and going into the 2030s, nuclear energy is going to emerge as the preferred power source because it is one of the cleanest forms of high-capacity, always-on energy. And in a world worried about climate change, nuclear is the biggest winner.
Both the previous issue of Global Intelligence, and the upcoming April issue speak directly to today’s dispatch and more fully explain what’s going on and why. Better yet, the double issue recommends two natural gas plays that are poised to be big winners in the AI world that’s emerging, while the upcoming April issue is all about a small-cap junior miner close to producing its first batch of uranium. That’s exactly where you want to be with any miner—just as it’s about to launch its first production.
Back in January 2025, Global Intel readers moved into a junior gold miner called G Mining that was just ramping up its first production of gold. A year later, G Mining is up just shy of 350%.

I will tell you that I’ve put some of my own money into these nat-gas and uranium stocks because I am so bullish about their futures. Though AI will upset the ability of future generations to find gainful employment—as I told my son—AI’s global spread is unstoppable at this point. And that means that global power consumption is guaranteed to grow rapidly.

Old school natural gas and uranium aren’t nearly as sexy as Nvidia. But at the end of the day, old school is far more important to AI’s existence.