Artificial intelligence and Bitcoin mining are a huge drain on electricity, putting demand-side pressure on energy prices for Americans near data centers, even if the boom is making American 401k’s larger.
“The Big Tech companies suck up the electricity, and we end up paying higher prices,” Carrie Killingsworth, 53, who works in financial services, told The Washington Post.
“I’m not comfortable with average customers subsidizing billion-dollar companies.”
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