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International Business Times UK
International Business Times UK
Business
Dani Oh

WEF Economists Reveal AI Boom's Catch: Data Centres Could Raise Power and Water Costs Without Big Jobs Boost

The rapid expansion of AI infrastructure is intensifying demand for electricity, water and suitable sites while raising questions about local economic benefits (Credit: cliff1126/Pixabay)

The AI boom is being sold as a jobs story. The people who model the global economy just described it as a power-and-water story that leaves the local hiring hall almost empty.

A World Economic Forum survey of chief economists found that 78% expect data-centre investment to make a significant contribution to global growth, while 61% do not expect it to drive a significant share of global job creation.

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