AnalysisBusiness
29 days ago
NBER study: data centers raise electricity prices and house prices
Ethan Mollick
@emollick.bsky.socialProfessor at Wharton, studying AI and its implications for education, entrepreneurship, and work. Author of Co-Intelligence. Book: https://a.co/d/bC2kSj1 Substack: https://www.oneusefulthing.org/ Web: https://mgmt.wharton.upenn.edu/profile/emollick
Ethan Mollick
@emollick.bsky.social
“Data centers create economic activity, especially in directly related sectors and during construction, and they are associated with larger county-level income aggregates. They also raise electricity prices and are associated with higher house prices,” www.nber.org/papers/w35194
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29 days ago