Elon Musk’s Number 1 Concern About AI

[Jeff Clark Trader] Editor's Note: We are always on the lookout for cutting-edge financial news to share with you. Below is a message from our colleagues over at InvestorPlace that we found interesting. We urge you to continue reading. --------------------------------------------------------------- Jeff Clark's Market Minute Reader, The rise of artificial intelligence has created a massive problem… Elon Musk calls it his [number one concern for AI.]( You see, all of that data AI creates has to be stored in massive data centers full of servers running 24-7. Nvidia’s CEO said he expects the Big Five tech companies to spend over $1 trillion building AI data centers in the next couple of years. And the demands on our electric grid are enormous. US data centers are expected to double 2022’s usage by 2028… Over 30 gigawatts a year. Keep in mind, that each gigawatt is equal to the amount of power generated by one nuclear power plant. By 2026, AI data centers will use as much power as whole nations like Japan and the Netherlands. Meanwhile, our creaky power grid cannot keep up. And the Biden administration has limited the market for cheap, abundant American natural gas. Tech mogul Elon Musk believes we could run out of power for AI data centers as soon as 2025. That’s why I’m writing to you today. When I look at the polls, it seems to me the election is a foregone conclusion. Donald Trump is going to win. And we need to prepare for what he’ll do on Day One. I think Trump’s first act will surprise even his most diehard supporters. Because before he pardons the January 6 protestors… Before he ends the countless wars going on around the world… Even before he closes our border with Mexico… I believe he’ll issue an executive order that will reverse Biden’s biggest mistake when it comes to energy. And hand a fortune to a small set of AI data center stocks… [Watch this video I just recorded to learn more.]( Louis Navellier Senior Investment Analyst, InvestorPlace © Omnia Research, LLC. All Rights Reserved. 455 NE 5th Ave, Suite D286, Delray Beach, FL 33483 To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. No longer wish to receive special offers from us? [Click here for options.](