Video wird geladen...

Video konnte nicht geladen werden

Zur Startseite

There's a scourge of NDAs surrounding data center development — tech billionaires are getting local politicians to keep their projects a secret. People around the country are increasingly outraged to find that their politicians have signed on to agreements proposed by the oligarchs at Meta, Google, Anthropic and other...

49,840 Aufrufe • vor 1 Monat •via X (Twitter)

0 Kommentare

Keine Kommentare verfügbar

Kommentare vom Original-Post werden hier angezeigt

Ähnliche Videos

Glenn Greenwald says corporate journalists are losing their minds over Elon Musk calling out major corporations for stifling free speech because they are in bed with the very corporations they claim to scrutinize. Glenn Greenwald explains that we are at a crossroads where journalism, once a watchdog of establishment power, is now shackled by corporate advertisers. "What went wrong here is not what Elon Musk said. It's so revealing that so many journalists are aghast that anyone would dare tell Disney and major corporations to go f**k yourself when they're trying to limit, censor, and control the flow of political content. If you aren't willing to say that to corporations who are trying to limit what you can say, don't bother calling yourself a journalist. We need way more journalists willing to say, go f**k yourself to people who try and limit what they say. The problem is, is that the people who are hired by these major media corporations, and who thrive in them and succeed in them are people who have the opposite instinct. Their instinct is to assuage and serve and placate establishment power, not to defy it. Even though the purpose of journalism is to be adversarial to establishment power. Once journalism started getting corporatized no longer owned by families dedicated to journalism or local communities but by major corporations that have all kinds of other interests besides their media division. And, what kind of attributes are awarded at major corporations? People who avoid controversy who avoid conflict, who avoid displeasing and angering powerful people. That's the corporate ethos, and the corporatization of media meant that that kind of attribute was imported into journalism. And that's why almost no one who works for large media corporations or the media corporations themselves has the courage to say this. They're shocked. They think it's a sign that he's unhinged when in reality, it's just a sign of how cowardly and craven they are."

KanekoaTheGreat

23,825,926 Aufrufe • vor 2 Jahren

Investigation exposes the hidden cost of data centers, “It’s in your electric bill” “Companies like Amazon and META striking secret deals with utilities. It's all proprietary. It's all behind non-disclosure agreements and blacked out documents, and lobbying for a system that leaves all of us footing their bill” “The big problem is that we're all subsidizing the wealthiest corporations in the world in their pursuit of artificial intelligence.Americans' utility bills are rising while Big Tech's profits are going through the roof” “Everyday people covering the power costs of the data center build out.” “In 2025, the tech industry is expected to spend about $475 billion on data centers up 42% since last year. Today, data centers make up about 4% of US electricity demand. In just the next three years, that's expected to triple. The United States has never generated more electricity in our history than we are today.” “He explained to me that when utilities have to pay a higher capacity price, they pass it on to consumers in the form of supply charges. According to the PJM's independent monitor, data centers were responsible for 63% of last year's price increase. We saw customers with bills $900 over $1,000. It's unfathomable that they are having to pay higher rates to support wealthy corporations building data centers.” “The basic idea is that utility builds something and you socialize the costs to all of the ratepayers that have no choice but to take that utilities service. The cost of new infrastructure mostly shows up on another part of your electric bill, sometimes called delivery charges. Utility companies are allowed to set those charges high enough to recoup every dollar they spent building, plus a regulated rate of profit, usually around 10%. So this is a huge profit opportunity.” “Last year, a utility company in Louisiana proposed to spend $3 billion on a new power plant to meet electricity demand from a Meta data center. The full terms of its deal with Meta are secret, but redacted regulatory filings have revealed that the public is on the hook for Meta's power plant. Meta has signed a 15-year deal and it only obligates them to pay for about half of that $3 to $4 billion of infrastructure, which means that there's a big risk that everyone else in Louisiana will get stuck with the rest of that bill”

Wall Street Apes

138,820 Aufrufe • vor 1 Jahr