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this post was submitted on 26 May 2024
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We really need to tax energy used by GPU-burning projects differently. AI training, blockchain, whatever. Such a wasteful endeavour.
Fun fact they pay lower rate than households because fuxk you peasants ;)
All industrial users pay lower, because they're able to apply economies of scale and locate themselves in places with lower power costs. Some of them are big enough that the utilities will build power lines and plants specifically to make electricity cheaper. It's not just a matter of "oh, they're rich, so we'll charge them less."
I do understand the basics of how this works but big and/or business is directly subsidized by taxpayer and rate payer at every corner. It is getting tiring seeing this clown show when large swathes of population living hand to mouth, month in, month out.
You would think this would make people realize where the money is going ;)
That's the true point. How much is this really helping? I know as a private company they can do what they want but we need medical care, food security, and housing security. Nobody seems to give a rat's ass about being the Tony Stark of public or cheap housing. The things we truly need are not mystical ecosystem locking Jarvis's, but plain old reliable social services and other public services to lower the daily strain on the individual worker.
But have you heard about AI and another millennial billionaire progidy who will save us all sorry peasants?