> Data centers are becoming political flashpoints, primarily because of their impact on electricity prices.
I'd bet anything that they know people are pissed the market has wildly misallocated capital and are trying to save face by framing it as a cost that directly impacts consumers. In reality, the fear is knowing that our investor class is really too dumb to handle the money we've stuck in a box called "the world's retirement funds" and handed to them.
Hmmm, I don't think this is the average perception of it, though. In general people I've discussed this with are more enraged by the resource usage (whether from a price increase or environmental position) than the capital.
I'd bet anything that they know people are pissed the market has wildly misallocated capital and are trying to save face by framing it as a cost that directly impacts consumers. In reality, the fear is knowing that our investor class is really too dumb to handle the money we've stuck in a box called "the world's retirement funds" and handed to them.