Elon Musk’s Power Plant on Wheels

Go to https://surfshark.com/boyle or use code BOYLE at checkout to get 4 extra months of Surfshark! Americans now oppose new AI data centers by roughly three to one, ranking them below coal plants and nuclear power stations, and towns across the country are passing moratoriums faster than tech companies can build. In this video, I look at the data center backlash: what holds up in the complaints about water, noise, and electricity bills, why the tech industry’s cash offers keep failing, and how xAI powered its Memphis supercomputer with a fleet of unpermitted gas turbines. Then we follow the money, from CoreWeave’s distressed credit default swaps to the investment-grade bonds landing in pension funds, and ask who is actually holding the risk if the AI boom turns out to be a bubble, with a look back at the railroad bubble of 1873. Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 Derivatives For The Trading Floor: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] Patrick Boyle On Finance Podcast: Spotify: https://open.spotify.com/show/7uhrWlDvxzy9hLoW0EYf0b Apple: https://podcasts.apple.com/us/podcast/patrick-boyle-on-finance/id1547740313 Google Podcasts: https://tinyurl.com/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join