The course's central claim is about what to measure. It says the market over‑indexes on GPU shipments, capex budgets and announced megawatts, while the discriminating factory metrics are value per gigawatt, tokens per watt and tokens per dollar. Google's infrastructure chief summed it up: 'the measure isn’t how much money you spent per gigawatt, it’s how much value you deliver per dollar,' and notes that only the energized and utilized stages of the megawatt funnel are real capacity; everything upstream of 'energized' is a press release.