AI's Growing Energy Demands Spark Concerns Over Power Supply and Costs

TL;DR Summary
Electricity prices have risen 40% since 2020 due to increased demand from AI data centers, higher natural gas costs, and grid upgrades, impacting consumers especially those on fixed incomes, with potential solutions including demand management and regulatory adjustments.
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- Microsoft CEO says the company doesn't have enough electricity to install all the AI GPUs in its inventory - 'you may actually have a bunch of chips sitting in inventory that I can’t plug in' Tom's Hardware
- If Microsoft can't source enough electricity to power all the AI GPUs it has, you have to wonder how Amazon is going to cope in its new $38 billion deal with OpenAI PC Gamer
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