We will likely look back and see that much of the misguided AI investment was a headwind rather than a tailwind to things like EPS growth.
Though it seems that nowadays, much of that cost goes to taxes and fees, rather than electricity rate itself.
- discounted for more or less spend
- credits issued at X usage (which is only good at X specifically because its generally an expensive rate but it’s a marketing ploy for filter based searches).
- free or discounted night time or weekends
- etc.
If you can imagine they charge a certain way, there is likely someone trying it.
Related:
Electricity prices are climbing more than twice as fast as inflation
https://news.ycombinator.com/item?id=44931763
Big Tech's A.I. Data Centers Are Driving Up Electricity Bills for Everyone
https://news.ycombinator.com/item?id=44905595
The U.S. grid is so weak, the AI race may be over
andsoitis•5mo ago