“Reading the physics and the market together, the next wave is not “energy from information.” It is near-thermodynamic-limit computing – hardware that recovers, rather than dissipates, the energy of computation. “

Build toward the Landauer floor, never claim to break it. Anything advertising net energy harvested from information, or computation below kT ln2 per irreversible bit, is a red flag – walk away or short it.

“The defensible thesis is euro per useful operation, driven down by energy recovery, on the workloads that actually dominate the bill: AI inference, sampling, and the data movement around them.

The near-term, lower-variance play is reversible/adiabatic logic and clocking. The higher-ceiling, higher-variance play is probabilistic/thermodynamic sampling hardware. The unclaimed original play is energy-recovery applied to the memory-and-interconnect fabric, co-designed with a noise-native core.

Information was never going to be a fuel tank. It is a ledger, and the second law audits every entry. The opportunity of the next decade is not to cash the ledger for energy that was never there – it is to stop overpaying on every line.”