I keep hearing how everyone’s electric bills are going up with AI data centers near them. Why aren’t the companies paying the bill? Or is it building the infrastructure to accommodate them the issue?

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[–] 1 point 10 months ago* (2 children)

Let me introduce you to a little scam called "price stickiness"

Basically prices are quick to go up but VERY SLOW to go back down... on the opposite side, wages are quick to go down but VERY SLOW to get back up

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