Subject: Re: How smart is AI for the common folk?
I'm being informed from the local electrical coop that electric rates are going up here in
Michigan as well ( not AI related). Seems like AI data centers and crypto mining are following the usual path of socialize the costs, privatize the profits. That seems to be American "Capitalism" in a nutshell.

Have watched a few utube vids of the problems these massive data centers are causing
local residents in southern States ( Georgia, Tennessee, and Texas ). Folks in Texas
are very worried about their underground aquifiers being drained because the data center
has massive cooling water needs. They drill ( or plan to drill, the residents are
fighting back ) industrial sized wells, and the residents are quite sure that will lead
to their wells going dry. In the other States, water is not quite the same issue, as
there is more of it, but home owners are dealing with lower water pressure, and are concerned
about their wells eventually going dry. Homeowners in the immediate area of the data center
say that the noise and light pollution that these DC's give off is a 24 hour a day problem.
Never ends. I think in all 3 examples, local politicians in power have been bought via
campaign donations or directly own a small slice of the data center company, so this
conflict of interest is falling in favor of the wealthy DC owners, and the local residents
are being given the usual song and dance.

And of course, all US Citizens are going to be paying more, as the infrastructure
has to be built out to cater to the owners of these data centers. Same old story.

But you probably have the right idea, might as well invest in the "picks and shovels"
companies that are going to supply the products needed for AI data centers, and crypto miners.
I'll probably look to do it via an etf.