Comment by phil21

This was predicted far before the latest datacenter investment craze.

It’s what happens when a generation of people decide to stop building electrical capacity. Writing has been on the wall for decades and the AI craze was the final tipping point. It will be scapegoated of course.

I’m highly skeptical that these are great investments overall, but the fact the answer isn’t “use this money to help subsidize rapidly expanding grid capacity” is indicative of the unseriousness of society today.

Ideally you use this newfound demand to build out capacity and if the demand goes away due to it being malinvestment - at least you have a bunch of shiny new grid capacity that was half paid for by stupid venture capital money.