First there was the rampocalypse. Then there was cementpocalypse. Let just hope the AI datacenters don't latch on to biofuel to supplement their energy requirements. It's just more profitable for farmers to sell calories to the AI overlords, the consumer food market is just a low margin grind.
Apologies for the sarcasm. I appreciate the drive for renewables the current AI DC buildout brings with it.
I have real fears that building materials will experience the same inflationary pressures computer memory is currently experiencing. The U.S. TSMC and Intel fab construction alone in the last couple years has had an outsized impact on building costs.
The US construction industry does about 3 trillion in revenue per year. Those two fabs are something like 20 billion per year. 2% is a lot but markets can handle that just fine. Local markets will have higher prices.
