Silicon Valley Wants to put its Power Bill on Your Tab ...Middle East

Economy by : (OILPRICE) -
That seemed to be the argument. The academic patiently explained to the TV interviewer that cost of electricity would rise for all consumers because putting those big AI centers into operation would raise costs for the grid, and everyone has to share grid costs. That’s the way it always worked. That’s the way it works, so tighten your belt and stop complaining.  Actually that was not how he put it, but you get the idea. So, let’s go back in time when large industrial users of electricity produced their own, because that was…

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