“Fulfilling all US datacenter forecasts through 2030 would require 90 percent of all the growth in the global AI chip supply.”
An analysis commissioned by the Southern Environmental Law Center says datacenter power demand forecasts are wildly inflated. Builders file duplicate grid connection requests across jurisdictions. There aren’t enough chips in the world to support the projected growth. Meanwhile, utilities are already jacking up rates on consumers to pay for infrastructure based on these inflated numbers. National Grid customers are looking at $50 a month more. You’re subsidizing the AI bubble whether you use AI or not.