AI's Surge Is Squeezing Supplies All Over

AI rush is getting so intense that it's sucking up resources and leaving other parts of the economy scrambling. It's like a giant wave that's lifting boats but also swamping the shore. Tech giants are pouring money into AI like never before.

Companies such as Microsoft and Google are set to spend around $700 billion on new data centers and chips in the coming years. This storm started picking up steam around 2023, when AI tools like ChatGPT exploded in popularity. Now, in places like Boardman, Oregon, where Amazon runs huge facilities, the demand for power and parts is skyrocketing.

All that investment means fewer electricians available for regular jobs, some home repairs are even getting delayed. Construction sites in various U.S. states are hitting pauses because materials are diverted to AI projects. And memory chips? There's a global crunch. Chipmakers say shortages could drag on until late 2027, pushing up prices for smartphones and gadgets.

Even promising startups outside tech are struggling to snag funding, as investors chase AI dreams. On top of that, data centers are draining energy and water. Back in 2023, U.S. centers used about 176 terawatt-hours of electricity enough to power a country like Ireland and that's expected to double by 2028.

Some big ones slurp five million gallons of water daily, straining local supplies in dry areas.

It's me, @justmythoughts, an ordinary Hive user looking to make the most of the platform. I will appreciate your support. Follow me for more. Thanks, Gracias :)

Posted Using INLEO