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00:00:55.300If you've been hoping to lie low while artificial intelligence eliminates millions of jobs and transforms the world's economy, then you need to pay very close attention to recent developments out of Lake Tahoe, California.
00:01:09.260Now, in case you're not familiar, Lake Tahoe is home to some of the richest people in the United States on both the California and Nevada sides.
00:01:15.560It's a premier tourist destination in our most populated state.
00:01:19.320Median property values are north of $700,000.
00:01:22.160dollars. People living there, as a general matter, are financially secure and highly educated.
00:01:27.400Many of them work in tech. You had to think of a list of people whose lives would be upended by
00:01:32.800artificial intelligence. They would rank fairly low, you would think. And yet, because of AI,
00:01:38.68050,000 people living on the California side of Lake Tahoe have no idea where their power supply
00:01:45.660will come from in a matter of months. Some are worried that the lights will go out indefinitely,
00:01:50.720as if they'd been hit by a terrorist attack. But what's happened is that the utility realized that
00:01:56.240it's much more lucrative to power data centers, which are used to train artificial intelligence
00:02:00.780and which consume near infinite amounts of electricity, than it is to power single-family
00:02:06.620homes. After all, by some estimates, depending on the size, a single data center can consume
00:02:11.760more power than half a million homes. I'll say that again. A single data center consumes more
00:02:18.920power than half a million homes. Every utility is rapidly coming to the same conclusion because
00:02:26.300companies like Meta, Google, Microsoft, and Amazon, which collectively own one-third of all data center
00:02:32.200capacity and which build the overwhelming majority of large data centers, are willing and able to pay
00:02:38.200enormous premiums for the electricity that they're using. When they're able to price you out of the
00:02:43.600market, you're on your own. And when the choice is between a big tech trillion dollar company or
00:02:50.940you and your single family home, the big tech company is going to win out every single time.
00:02:57.700This is reporting from Fortune, quote, Lake Tahoe doesn't know where its power will come from after
00:03:02.500next ski season. And it's a major problem for the 49,000 residents who call the region home.
00:03:07.960Nevada Energy, the Nevada utility that has supplied the bulk of Lake Tahoe's electricity
00:03:12.820for decades, told Liberty Utilities, the small California company that services the region,
00:03:17.700that it will stop providing power after May 2027. The reason, Envy Energy needs the capacity for
00:03:24.220data centers, as in, the energy supplier for the Lake Tahoe region is telling the utility company
00:03:28.700that it has less than a year to find another power source. It's like we don't exist,
00:03:33.960North Lake Tahoe resident Danielle Hughes told Fortune. Now, you might be thinking, well,
00:03:40.700Okay, this is no big deal. The residents can simply find another utility to supply their power. The government can simply assign some utility to pick up the slack.
00:03:54.080I mean, surely we're not just going to leave these people without power. We're not going to do that. That can't happen. The power company can't just come to an entire community and say, we're not going to give you power anymore. There must be some sort of system in place.
00:04:05.160Well, it turns out that there is no system in place. And finding replacement power is actually
00:04:12.140not so easy in this case because Liberty, the California utility, is completely dependent on
00:04:17.040the transmission lines from the Nevada utility, NV Energy. And California regulators have no power
00:04:24.120in Nevada. They can't order NV Energy to forego the profits from these big tech companies
00:04:29.220and serve these residents. So the residents have two options. Option number one, they can wait
00:04:36.840several years for someone to spend hundreds of millions of dollars constructing a new transmission
00:04:41.040line for their benefit. In the meantime, they have no power. They can use, you know, candlelight or
00:04:47.080something. Or option number two, they can buy power on the wholesale market, which means their
00:04:52.860electricity bill will increase dramatically. Some residents, even in Lake Tahoe, may not be able to
00:04:58.660afford the new bill. The electricity will still flow through Envy Energy's transmission lines,
00:05:03.660but because it's coming from other suppliers in the West, suppliers who know these residents are
00:05:07.860desperate, it'll probably cost two, three times as much at a minimum. It could be much more than
00:05:12.920that. So right now, that's the plan. It's a disastrous situation. It's affecting people
00:05:19.340who never saw it coming. And really, the ultimate message to these people is, well, you're screwed.0.99
00:05:24.180You're on your own. Too bad. The data centers are more important.0.99
00:05:30.040Now, at the same time, as insane as this story is, I need to make it clear that the point of
00:05:33.720this monologue is not to indulge in any of the fear mongering about AI data centers that's all
00:05:39.240over the internet. I don't want to imply that residents of Lake Tahoe are going to resort to
00:05:44.400cannibalism or anything like that. Tourists who visit Lake Tahoe in a year in all likelihood will
00:05:49.360not encounter bombed-out ski lodges full of zombies,
00:05:54.180you know, there's enough hysteria already out there without me adding to it.
00:05:59.280I've seen people posting videos of lights in the sky
00:06:02.980claiming the data centers are permanently changing the clouds,
00:06:06.240even though it's just normal lighting from an active construction project.
00:06:09.820I've also seen videos like this one from a council meeting in New Jersey.1.00
00:06:12.280This is a woman who's opposed to data centers.0.96
00:06:19.360Three counties in Indiana have put a moratorium on building data centers.
00:06:23.500Several in Georgia, Missouri, Illinois, Arizona, across the country.
00:06:27.900Communities are protecting themselves from this poison.
00:06:30.360Are we going to allow it in Cumberland County?
00:06:32.900I want to ask the council, where will you go when the water stops flowing out of your faucets?
00:06:39.580where will you go where will you go when the air smells like gas and makes you sick
00:06:49.400will you look around for a community whose leaders had the spine to say no to these billionaires
00:06:55.060or or will you stay in cumberland county and offer your children what is left of it to inherit thank
00:07:07.020you. Now, even if you're opposed to AI data centers, if you agree with this woman on the
00:07:18.080issue, which I mostly do, she's speaking in sort of apocalyptic terms about the whole county
00:07:26.200getting wiped out, air is poisonous, the water is depleted, and on and on. There's some class
00:07:34.400resentment going on. It's reminiscent of the women like Ben Affleck's daughter who would berate the0.99
00:07:38.300city council over so-called long COVID. We can't ignore the fact that whenever there's a contentious
00:07:43.360issue like this, people who are neurotic tend to panic, and they start making wild claims in a
00:07:49.140hysterical manner, and therefore they are unpersuasive. That's the problem. It ends up
00:07:53.120being counterproductive. It's counterproductive because fear-mongering is the single fastest way
00:07:59.420to discredit legitimate concerns, and there are many legitimate concerns with these data centers,
00:08:07.360as we will discuss in a moment, including, yes, concerns about the water supply.
00:08:12.600It's probably not going to be that you build a data center and then nobody has water anymore
00:08:16.200and the air is poisonous. It's not quite that, but there are legitimate concerns.
00:08:22.900Notice that in her entire diatribe, the woman actually doesn't talk about what these data
00:08:26.700centers are being used for. She doesn't mention mass surveillance or how these companies are
00:08:30.640programming robots to take human jobs. She also doesn't talk about how the land is being obtained.
00:08:36.780Instead, she's sort of yelling and the people are applauding in the background.
00:08:40.880Now, if you remember from a few weeks ago, we talked about those high-level scientists who
00:08:46.100were strangely disappearing. And while some of those cases obviously merit more investigation,
00:08:51.820some of them clearly don't. And so this is a kind of a similar thing. When people pretend,
00:08:57.600and in that case, people pretend otherwise, when their only motivation is to string together some
00:09:01.660kind of elaborate conspiracy that doesn't withstand scrutiny, and they throw all kinds
00:09:06.640of dubious claims into the mix, then they end up undermining all reasonable discussion about a
00:09:12.220particular topic. And in the case of data centers, that outcome works for the benefit of big tech.
00:09:18.220What big tech wants, if you're a skeptic of these data centers or concerned about them, they want you to be as hysterical and hyperbolic as possible in your protest of the data centers.
00:09:32.640Because then they can point to that and say, well, these people are totally unreasonable and they have no idea what's going on.
00:09:40.540Some have pointed out that you could go back and recall the panic in the early 20th century over power lines.
00:09:47.420Anytime somebody died as a result of a power line, it made national news for a while.
00:09:53.080Cartoons went out of their way to terrify people.
00:14:00.600In a speech at Harvard University four years ago, Gates said that climate change would make life, quote,
00:14:05.620essentially unlivable at the equator by the end of the century,
00:14:08.660leading to the instability of hundreds of millions of people trying to get out of those regions
00:14:12.480where a lot of the world's population is, and particularly the poorest in the world.
00:14:15.840Avoiding a climate disaster will be one of the greatest challenges humans have ever taken on, he said.
00:14:22.700Meanwhile, current Bill Gates talks like this, quote,
00:14:26.180There's a doomsday view of climate change that goes like this,
00:14:28.680in a few decades, cataclysmic climate change will decimate civilization. Fortunately for all of us,
00:14:33.860this view is wrong. Although climate change will have serious consequences, particularly for people
00:14:38.440in the poorest countries, it will not lead to humanity's demise. Our climate strategies need
00:14:43.120to prioritize human welfare. This may seem obvious, who could be against improving people's lives,
00:14:48.360but sometimes human welfare takes a backseat to lowering emissions with bad consequences.
00:14:52.460We should measure success by our impact on human welfare more than our impact
00:14:55.800on the global temperature. Wow. It's like he's a completely different person.
00:15:03.220Think about how important the climate change agenda used to be.
00:15:07.920Like till 10 seconds ago, it was the central plank of the WEF globalist utopia in which the
00:15:14.300peasants don't own any property and we have to rent everything from BlackRock. He told us again0.56
00:15:19.500and again that our most important overriding objective as a species was to reduce carbon
00:15:24.120emissions. And now, one of the WEF's most prominent ambassadors has issued brand new
00:15:29.460marching orders. We're suddenly obligated to pursue human welfare. And even things like
00:15:34.920reducing carbon emissions shouldn't happen if it has a negative impact on human welfare.
00:15:45.440I mean, this version of Bill Gates, if he was around in like 2012, he would have been
00:15:49.340stoned to death as a climate denier. And by the way, you'll often hear people say that if you
00:15:58.240criticize AI data centers, then you're falling for a Chinese PSYOP. The idea is that China wants
00:16:04.820the United States to sabotage its progress with artificial intelligence, so they're encouraging1.00
00:16:09.600useful idiots to attack data centers. But if that were the case, it wouldn't explain why Bill Gates,0.99
00:16:15.020who's been a useful idiot for China his entire life, is supporting an approach that will lead to0.94
00:16:20.080more data centers in the United States. It seems more likely that big tech and China are both0.99
00:16:25.080aligned on this point. They all want an AI-driven surveillance state in the United States.
00:16:31.680And coincidentally enough, they also want mass migration and more foreign workers to take
00:16:35.640American jobs, particularly the kinds of remote jobs that data centers will enable.
00:16:39.260So, indeed, a shift towards human welfare instead of climate change, which is taken on face value, taken surface level, that's the right answer.
00:16:52.880We should be focused on human welfare.
00:16:54.600We shouldn't be focused on climate change at all because it's made up.
00:16:58.460But that's not what's actually motivating this sudden shift.
00:17:02.500because actually this shift is good news for companies like microsoft which don't want
00:17:09.060environmentalists and climate change activists to stand in the way of their data centers
00:17:13.340and ordinarily i'd say it's good news for humanity as well after all anything that
00:17:19.380upsets climate change activists is by definition a good thing you would think these are insane
00:17:25.660people who stand in the way of human progress at every opportunity but in this case it's
00:17:34.300It's worth paying close attention to the specific words that Bill Gates used.
00:17:39.820So what's the significance of this pivot to human welfare?
00:17:44.660What could he possibly be trying to do?
00:17:46.520Well, as it turns out, human welfare or the public good is essentially standard for eminent domain.
00:17:56.640Okay, that's the process that the government uses in order to seize private property, including lands and homes.
00:18:02.940If the government can demonstrate that your home stands in the way of the public good, then the government can seize your home by force.
00:18:10.440As long as they pay you a fair market value as defined by a government employee is going to lowball you because you have no leverage in the situation at all because it's going to take your home anyway.
00:18:19.240One of the classic uses of eminent domain involves public infrastructure projects relating to utilities, specifically transmission lines.
00:18:25.760And this is an aspect of the data center story that most people are not talking about, but already people are losing their homes as a result.
00:18:33.160This is a woman from Georgia, for example. Watch.
00:18:37.040Hey, you guys. My name's Ansley. I live in Coweta County, Georgia.
00:18:40.940I wanted to come out here and show you guys firsthand what is happening to our county.
00:18:45.520So as you can see behind me, we have these power lines.
00:18:48.920Georgia Power is going to expand these lines to support power to the data center.
00:18:53.840What they're doing to homeowners is they're taking their homes.
00:18:59.880It is being taken by force, by Georgia Power.
00:19:03.300Homeowners in this county do not have a choice.
00:19:05.580It is called eminent domain, and they will take it.
00:19:11.960Well, this is one way to ensure that people own nothing, as the WEF has long desired.
00:19:17.680It used to be climate change would bring about that result.
00:19:21.020climate change but we don't need that anymore when you've got ai and you've got data centers
00:19:26.420politicians could just take your home from you that's exactly what's happening it's not just
00:19:33.120one case in georgia more than a dozen farmers in kentucky recently received threats that eminent
00:19:37.140domain will be used to seize their land for a data center according to the guardian meanwhile
00:19:41.740as the abc affiliate in virginia reports quote a charlotte county farmer is frustrated after he
00:19:46.180said dominion energy is threatening to invoke eminent domain on his land he said the company
00:19:50.220is pushing for him to accept an offer to make way for a transmission line. Todd Lacks has a farm in
00:19:56.040Randolph with over 200 acres of land. Lacks at Dominion offered about $1,500 per acre and money
00:20:01.260to cover the cost of timber. In his case, that adds up to about $13,000 total, but he would like
00:20:07.640$11,000 per acre. Lacks said that his own legal counsel advised him not to take the lower offer.
00:20:14.080Generally speaking, they said eminent domain cases are settled three to five times the initial offer,
00:20:18.120But in this area, because of the high solar stakes with data centers, that could easily be 10 to 15 times what they offered, according to Lacks.
00:20:26.800Now, what this farmer doesn't realize is that he's actually pretty fortunate in this scenario.
00:20:30.800He knows the identity of the organization, in this case, an energy company that's trying to seize his property.
00:20:36.480That's a major advantage because very often large corporations will use shell companies in order to trick landowners into selling their property at bargain rates.
00:20:44.240Disney pioneered this tactic in the 1960s. They realized that they wanted a lot of land in central
00:20:49.140Florida, south of Orlando, to create a new mini city, which ultimately became Walt Disney World
00:20:54.420Resort. But if the landowners knew that Disney was the buyer, they'd immediately raise their
00:20:59.100prices. So Disney established shell companies with names like Empty Lot Real Estate Investments,
00:21:04.960Empty Lot, get it? They hired fake executives and lawyers. And as a result, they were able to get
00:21:10.220some of the land for as low as a hundred bucks an acre.
00:21:13.400And by the time Disney was revealed as the buyer,
00:21:15.280the price went as high as 80,000 an acre,
00:21:17.500but it was too late at that point for most of the sellers.
00:21:20.800Now today, big tech is running a very similar strategy.