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Electricity Costs Are Soaring and AI Will Make Matters Worse
by Mish Shedlock, Mish Talk: Electricity demand for AI data centers is soaring. The result won’t be pretty. Chart Notes: Industrial prices for 1980-2010 only for years divisible by 5. The rest are extrapolated. I estimated the consumer cost for 2025 from the BLS consumer electricity price index. TRUTH LIVES on at https://sgtreport.tv/ Big Tech’s A.I. […]