I don't actually think AI is doing all of those things. I think the economy is already fucked and AI is a scapegoat for companies who were going to lay off a bunch of people anyway. I don't think the water and electricity consumption compares to the meat industry, but I could be wrong. I think it's weird that there is such an outrage over AI but not cattle, but I guess because people like beef more than they like hallucinated AI results.
It's probably a good idea to self-host your own AI for privacy reasons alone, if you use it.