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The AI bubble may be showing up in an unexpected place: the shady forecasts of future electricity demand—and skyrocketing bills | Fortune
Joe Bowring of Monitoring Analytics says “Nobody has been looking carefully enough at the forecast to know what’s speculative, what’s double-counting."
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fortune.com
Your electric bill has replaced the price at the pump as the hot-button, political bellwether | Fortune
Residential electricity prices have skyrocketed almost 30% in four years with the AI boom expected to further pressure costs.
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The AI bubble may be showing up in an unexpected place: the shady forecasts of future electricity demand—and skyrocketing bills | Fortune
Joe Bowring of Monitoring Analytics says “Nobody has been looking carefully enough at the forecast to know what’s speculative, what’s double-counting."
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Some consumers are paying to power data centers that don't exist yet while states ask if demand forecasts are real — 'Nobody really knows'…
"Nobody has been looking carefully enough at the forecast to know what’s speculative, what’s double-counting, what’s real, what’s not.”
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forbes.com
The AI Bubble That Isn’t There
The AI bubble doesn’t reflect reality. However, energy, economics and new infrastructure, not hype, are reshaping the cost and machinery of intelligence.