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Not all of these increasing costs are datacenter-related. Utilities really did systematically underinvest in infrastructure during the 2005-2020 period when US
by Analemma_ 1y ago
Not all of these increasing costs are datacenter-related. Utilities really did systematically underinvest in infrastructure during the 2005-2020 period when US per-capita electricity use was basically flat, and the incoming expenses due to climate change plus a big reorientation towards solar/wind-- which needs a very different grid-- are real.
But I agree the closed-door deals with datacenter operators need to end, as well as the discounts/tax breaks for opening new ones. The "jobs" justification for these is a joke: datacenters create a couple dozen mediocre jobs in the area, and hundreds of well-paid ones way off in Silicon Valley. California reaps the rewards of you wrecking your own revenue base.
- danans 1y ago> The "jobs" justification for these is a joke: datacenters create a couple dozen mediocre jobs in the area, and hundreds of well-paid ones way off in Silicon Valley. California reaps the rewards of you wrecking your own revenue base. Silicon Valley != California Wall Street and its associated global oligarchy reap the rewards, not the average Californian, who pays the costs via higher climate change risks, insurance costs, and energy costs.
- somanyphotons 1y agoIts the thin strip of real estate owners along the San Francisco to San Jose corridor who reap all the rewards
- danans 1y ago> Its the thin strip of real estate owners along the San Francisco to San Jose corridor who reap all the rewards They reap a lot, but hardly all the rewards. Per capita the majority goes to VCs and the C-suite, and their wall street comrades.