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Middle-class Americans are paying for the data center and AI boom with higher electric bills and even food costs, Goldman Sachs warns | Fortune
The data center push is a one-two punch for everyday Americans with the potential to slash consumer spending and even drive down U.S. GDP growth, according to the bank.
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cnbc.com
Electricity prices are rising by double the rate of inflation. Data center demand means no relief ahead
The impact of the AI industry on electricity prices has turned into a major political flashpoint ahead of the mid-term elections this November.
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fortune.com
Middle-class Americans are paying for the data center and AI boom with higher electric bills and even food costs, Goldman Sachs warns |…
The data center push is a one-two punch for everyday Americans with the potential to slash consumer spending and even drive down U.S. GDP growth, according to the bank.