Hi, I’m Azeem Azhar. I convene Exponential View to help us understand how our societies and political economy will change under the force of rapidly accelerating technologies. Every Wednesday, I do this in Charts of the Week.

CHART OF THE WEEK

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For the first time, the EU has generated more electricity from wind and solar than from gas. On the other side of the pond, more than half of new US electric-generating capacity in 2023 will be solar according to the EIA. This is encouraging news to say the least, although the increase should come at the expense of fossil fuels, rather than hydro and nuclear.

We expect we’ll need to use EVs as batteries to help grids to cope with a much larger share of renewables in the electricity mix. On top of taking advantage of actively-used EVs, their batteries could be recycled when they become unsuitable for transport. 

DEPT OF GEN Z

Gen Z is growing up fast. They are expected to make up 31% of the US workforce in 2031 — worldwide this could be closer to 58%. We can expect this generation to drive major changes in how workplaces are run.

The rest of the edition is open to paying members only. Here’s what’s behind the paywall 🔒:

• Analysis: Gen Z attitudes to work, and how they could change workplaces,

• Where we are in the race for quantum computing,

• How venture rounds are slowing down.