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shogi_x t1_j4rk7mh wrote

He's right. Oil use is going to decline but technology needs are only going to rise drastically. More than just the volume required, it's going to be the raw materials (see Sweden's rare Earth metals and the Neon bottleneck created by Russia's invasion) and the security of those supply lines (see US concerns over Huawei devices). Global alliances will be made based on securing a steady and trusted source of chips.