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on August 5, 2025, 9:27:01, in reply to "These AI products are all gonna fizzle when people eventually realize that there are very few "
US electricity demand has exploded and is projected to grow five times faster over the next 10 years than it did in the previous decade, according to research from Bank of America (BAC). And these companies are showing no signs of slowing down.
But America's tech industry may be overestimating just how much pressure the power grid can take — and how quickly the nation's utilities will actually be able to meet the rampant demand. Aging infrastructure well beyond its useful life, decades of stagnant industrial investment, and years-long delays in getting new power connected to the grid may put a wrench in Big Tech's plans.
And then there's also this...
https://apnews.com/article/ai-artificial-intelligence-data-center-electricity-wyoming-cheyenne-44da7974e2d942acd8bf003ebe2e855a
An artificial intelligence data center that would use more electricity than every home in Wyoming combined before expanding to as much as five times that size will be built soon near Cheyenne
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things that AI is useful for and not terrible at.
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The minuscule job growth that did occur was entirely due to healthcare and old age care. Almost all stock gains are speculative on ai companies that are either not hiring people or only hiring a few people with super high skill.
There is no broad based growth anywhere at all. Stalling at best, full out contracting at worst.
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