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Appearances (1)
2026-09-15
Data Centers and AI: Separating Hype from Reality with Domenico FerraroIn the latest episode of the Powering America Podcast, Bryan Hyde interviews Domenico Ferraro, an Associate Professor at Arizona State University's W.P. Carey School of Business. The discussion focuses on the implications of data centers and artificial intelligence, highlighting the balance between their potential benefits and the associated costs, particularly regarding electricity demand and labor market disruptions. Ferraro emphasizes the need for strategic investment and stakeholder coordination to harness the value of these technologies while addressing the economic challenges they present.
Notable quotes
“I'm very skeptical of doomsday scenarios, but I also am aware that historically this type of reaction has been the norm.”
“Concerns are valid because historically it remains true that technology can create winners and losers.”
“If there is an asset, if there is value, most likely in order for us to grab this value, we need to incur a cost.”
“The demand for electricity is substantially larger than it used to be.”
“Investment in electricity requires a lot of coordination among several stakeholders.”
“If you believe that there is enormous value, investment must come.”
