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eicker@lemmy.world to Technology@lemmy.worldEnglish · 21 hours ago

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."

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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

eicker@lemmy.world to Technology@lemmy.worldEnglish · 21 hours ago
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Federal Reserve Says AI Data Center Buildout Is Making Everything More Expensive
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Federal Reserve Bank of Chicago president Austan Goolsbee told Semafor that AI-tied inflation is "jumping out of its lane."
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    14 hours ago

    People who could build homes can get more money to be on datacenter builds instead.

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