The guest notes that while AI *software* stocks are volatile, the demand for energy to power AI is "not going to change." This is a classic "Picks and Shovels" play. Regardless of whether IBM or Anthropic wins the software war, the data centers require massive power. The lack of historical investment in the grid makes this a supply-constrained bull market. LONG. Focus on grid tech and energy providers. New "National Security" tariffs mentioned by Laura Davison could target imported power grid equipment, potentially raising costs for installers.