Since our future fossil fuel supply looks increasingly limited, and since every low-carbon energy source continues to depend on cheap coal, oil and gas, there will come a day when electricity generation will also peak, then decline. Such shortfalls in production are usually managed with price increases, forcing customers to use less or simply go bankrupt. (Oh, the beauty of capitalism and free markets!) There is already a bidding competition between data centers, large corporations and everyone else. As a result small businesses and many households are already at a growing risk of being priced out of the electricity market. For many electric bills are already so high that they will either have to close shop soon or stop paying their dues — so that new data centers can churn out even more AI-generated cat videos.
