Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

modrepub

(4,001 posts)

11. AI Companies Been Buying Up

Reply to EarlG (Original post)

Thu Jan 15, 2026, 01:04 PM

18 hrs ago

Power generators for a while. Crypto bought plants on the cheap to mine bitcoin. Others doing it to pay at cost prices for electricity and not be subject to wild swings in market electric prices. The rest of us get to pay more as the public electricity generation shrinks.

Another example of privatize the profits and socialize the costs. All of us should pay market price for electricity. It incentivizes efficiency and lowers greenhouse gas emissions through efficiency.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

14 replies

= new reply since forum marked as read

Highlight:

Pic Of The Moment: How You're Paying For Billionaires To Get Richer [View all] EarlG 21 hrs ago OP

Another transfer of wealth from the poor to the rich dalton99a 21 hrs ago #1

Somebody had to pay for those campaign contributions to Trump...... SergeStorms 21 hrs ago #2

Started with Reagan orangecrush 21 hrs ago #3

K&R LetMyPeopleVote 21 hrs ago #4

Those AI datacenters are being built for cryptocurrency generators FakeNoose 21 hrs ago #5

Unbelievably stupid jfz9580m 19 hrs ago #6

I think about how the ancient Romans died out from lead poisoning FakeNoose 19 hrs ago #7

Actually, I think most of them are for AI - and many are being built on land used by the crypto miners. erronis 19 hrs ago #10

They haven't figured out how to make a profit from AI yet FakeNoose 16 hrs ago #12

Quantity discounts relayerbob 19 hrs ago #8

K&R. Needs to be a whole book. "How billionaires become billionaires" ck4829 19 hrs ago #9

AI Companies Been Buying Up modrepub 18 hrs ago #11

LOL 10% in three years? We just got JACKED on Oct 1st for 9.6% with Evergy Bengus81 15 hrs ago #13

The big consumers can dictate or negotiate the price the pay. Aussie105 10 hrs ago #14