The news is a blow to Gov. JB Pritzker’s climate change-fighting goals too, as demand from AI data centers soars while wind and solar development stalls.
It’s completely sane. You just need to realize that the companies building all the new AI data centers didn’t think they’ll be around for very long. They know they’re inflating a bubble, and don’t want to make any long term investments. Ultra near-term profits are the only consideration. The people at the top of the companies will be totally fine (or even better off than before)when the bubble pops, and they’re the ones making the decisions.
It’s completely sane. You just need to realize that the companies building all the new AI data centers didn’t think they’ll be around for very long. They know they’re inflating a bubble, and don’t want to make any long term investments. Ultra near-term profits are the only consideration. The people at the top of the companies will be totally fine (or even better off than before)when the bubble pops, and they’re the ones making the decisions.