A brand new report from the International Energy Agency (IEA) shows that $580 billion will likely be spent on AI data centers worldwide in 2025 alone. That's $40 billion greater than is being spent on latest oil shipments – leading us to conclude that data centers are the brand new oil fields. But is that this a net positive effect on the environment or simply one other style of waste of resources?
On TechCrunch's Equity podcast, Kirsten Korosec, Anthony Ha and Rebecca Bellan explore what this shift in spending means for the energy grid and climate technology, and whether taxpayers should pay for Big Tech's infrastructure ambitions.
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Disclaimer: This podcast was (also) created by people.
