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Federal Reserve Says AI Data Center Buildout Is Making Everything More Expensive: "I’m getting increasingly nervous that that’s just straight, old-fashioned overheating demand." (futurism.com)
submitted 1 day ago by to c/technology@lemmy.world
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[–] [S] 48 points 1 day ago (6 children)

AI was supposed to make everything cheaper and more productive. Instead we get higher power bills, pricier computers, fewer workers building homes, and inflation. Turns out the productivity miracle is mostly Big Tech finding a remarkably efficient way to make everyone else subsidize its server farms.

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  • [–] 4 points 19 hours ago (4 children)

    Why fewer workers building homes?

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  • [–] 15 points 19 hours ago (2 children)

    I assume it’s because of all the trades required to build these mega data centres. Usually there are a lot of bonuses associated with mega projects.

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  • [–] 2 points 7 hours ago (1 child)

    Ah. But they really do not build THAT many and THAT distributed everywhere. Not even sure if the trades are really the same. Perhaps the foundation can easily be adapted across different scales. But a sparky or plumber or whatever working on homes has no idea how to make such a big/different building?

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  • [–] 1 point 7 hours ago

    Trades are trades and work to engineering drawings. My observation is that companies tender for a sub component, plumbing or bricklaying etc and send their tradies . Whether that is sufficient to affect housing in the US is hard to say but it certainly could have a more local effect.

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