Will AI Data Centers Crash the US Economy?
3 Articles
3 Articles
Electricity costs rise amid data center boom
Data: U.S. Energy Information Administration; Map: Alex Fitzpatrick/Axios Electricity costs are rising nationwide — and could get even higher for some amid the explosion in data centers powering AI and more. Why it matters: Surging power bills could further stress many Americans' budgets as pretty…
Will data centers crash the economy?
Photo via AmazonThe U.S. economic data for the last few months is looking decidedly meh. The latest employment numbers were so bad that Trump actually fired the head of the Bureau of Labor Statistics, accusing her of manipulating the numbers to make him look bad. But there’s one huge bright spot amid the gloom: an incredible AI data center building boom. AI technology is advancing fast, threatening (promising?) to upend many sectors of the econo…
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