scarce

The scarcest resource in the AI arms race is access to computing, which is why OpenAI and others are pledging to spend trillions of dollars in the coming years to make sure the capacity expands.

With no access to running water they wash using canned water, which is scarce and as a result expensive.

Restaurants have struggled this year with rising costs for ingredients such as beef, scarce labor and more finicky customers.

In addition to financing costs, prohibitive home prices and scarce supply remain discouraging to interested buyers.

But Five Point-backed companies’ handling of increasingly scarce resources somewhat disengages each of them from commodity price fluctuations, he said.