What an AI Slowdown Would Mean for Energy Stocks

The most prominent voices in AI, including Sam Altman and Dario Amodei, sent stark warnings: Development needs to slow, lest the technology outruns our ability to rein it in (or something to that effect). The thinking goes that if AI training slows, Big Tech will pull back on capital spending, which could lead to ewer data centers being built and lower electricity demand. This would be bad news for utilities, electricity providers, equipment and services companies.