The Real Reason Your Power Bill Doubled (It's Not Inflation)

Electricity bills are skyrocketing and water reserves are dwindling, yet Big Tech giants like OpenAI, Meta, and Amazon are thriving. They’ve secured billions in tax breaks while you foot the bill through higher rates and taxes to power their AI servers. ChatGPT's true cost goes far beyond its $20 monthly subscription: consumers are shouldering $9.3 billion in increased electricity costs. Multi-trillion dollar companies are receiving billions in tax breaks, consuming more than 463 million gallons of water during droughts, and signing secret NDAs with city officials. We are subsidizing the very tech billionaires who are actively working to replace human workers. To support the channel: https://patreon.com/VanessaWingardh Chapters: 00:00 Intro 00:43 Data Centers in Every State 01:15 Meta’s Project Sucre AI Data Center 01:59 Louisiana Tax Breaks and Jobs Created 03:16 Power Grid is Alarmingly Unreliable 03:44 PJM Auction Price 04:13 American Electric Power Earnings Call 04:57 Rates Are Increasing Across the US 06:12 Why Data Centers are Being Built in the Desert 07:02 Tuscon City Officials Sign NDA with Amazon 08:28 Wyoming AI Data Center 09:02 Virginia Tax Exemptions to Data Centers 09:50 Oregon Politicians Conflict of Interest 10:27 Corruption with Local Officials 12:00 Memphis and Elon Musk’s xAI Colossus 12:36 Public Health Impact of AI Data Centers 13:41 Texas AI Data Center and Tax Breaks 15:29 Sign Petitions, Call Your Representatives, Attend City Council Meetings