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Friend, The AI boom is being sold as innovation, progress, and the future. What you are not being told is the cost. Behind every new AI tool is a massive network of data centers increasing greenhouse gas emissions and consuming enormous amounts of electricity, water, and land. The demand is accelerating at a pace our infrastructure was never built to handle. Data center construction accounted for nearly all the growth in non-residential construction spending last year. And behind that surge is a wave of private equity investment, with Wall Street firms driving up to 90 percent of deals in the sector and pushing rapid expansion without meaningful oversight. AI and high-performance computing are placing extreme pressure on electrical grids, raising household utility bills, worsening climate change, and forcing communities to absorb the consequences. Entire regions are being reshaped to serve the needs of Big Tech, while working people are left dealing with higher energy costs, strained infrastructure, and environmental impacts. At Americans for Financial Reform, we have already exposed how this rapid expansion is being driven by corporate giveaways, private equity investment, and a lack of meaningful oversight. Now, we are preparing to release updated research showing just how much worse this problem has become and who is paying the price. We are taking this fight to Congress, to statehouses, and to the public because unchecked AI expansion is not inevitable. Can you chip in $5 right now to help us expose the true cost of AI and hold Big Tech accountable?
This is only the beginning. By 2030, most global data center demand is expected to be driven by AI systems, locking in this trajectory unless something changes. Tech companies and their investors are moving fast to lock in infrastructure, secure subsidies, and shape the rules before the public fully understands what is happening. They are betting that by the time the impacts are clear, it will be too late to stop. We are not letting that happen. AFR is working to shine a light on the hidden costs of AI, from energy consumption to financial risk, and to push for policies that put people and communities first. That means stronger oversight, real accountability, and limits on reckless expansion that prioritizes profits over the public interest. We are building pressure in the media, in Congress, and across states to make sure this issue cannot be ignored. Because once these systems are built and the infrastructure is locked in, the consequences will last for decades. Let’s fight for a future where technology serves people, not corporate power. -Patrick Patrick Woodall (he/him)
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| Paid for by Americans for Financial Reform |
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