posted in Technology
Federal Reserve Says AI Data Center Buildout Is Making Everything More Expensive: "I’m getting increasingly nervous that that’s just straight, old-fashioned overheating demand."
futurism.com/artificial-intelligence/federal-reserve-ai-data-center-buildout-more-expensiveReplying to @eicker@lemmy.world
AI was supposed to make everything cheaper and more productive. Instead we get higher power bills, pricier computers, fewer workers building homes, and inflation. Turns out the productivity miracle is mostly Big Tech finding a remarkably efficient way to make everyone else subsidize its server farms.
Replying to @eicker@lemmy.world
Why fewer workers building homes?
Replying to @Eheran@lemmy.world
People who could build homes can get more money to be on datacenter builds instead.