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Who Pays for the AI Bubble?

Another Product of the Subsidy Machine

Bradley Kaye
January 18, 2026

Karen Hao reported in her book Empire of AI: “Sam Altman announced he wants to see 250 gigawatts of data-center capacity laid by 2033 just for his company. New York City [uses] on average 5.5 gigawatts [per day]. Altman has estimated that this would cost around $10 trillion — where is he going to get that […]

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Joseph and Friederike (Friedl) Roth : reading on a park bench in Southern France. Image courtesy of the Leo Baeck Institute.

Reading Joseph Roth in Extremadura

A feuilleton, after the manner of…

Troy Nahumko May 3, 2026

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