Voter fury emerges over skyrocketing electricity bills as AI stokes demand — and fears of a stock market bubble
Voter anger over the cost of living is hurtling forward into next year’s midterm elections, when pivotal contests will be decided by communities that are home to fast-rising electric bills or fights over who’s footing the bill to power Big Tech’s energy-hungry data centers. Electricity costs were a key issue in this week’s elections for governor in New Jersey and Virginia, a data center hotspot, and in Georgia, where Democrats ousted two Republican incumbents for seats on the state’s utility regulatory commission. Meanwhile, concerns are growing over an AI bubble in stock markets. Mary Callahan Erdoes, CEO of JPMorgan’s asset and.