Elizabeth Peek discusses the growing demands that massive data centers place on local resources, including electricity, water, and workforce. She anticipates a public backlash, particularly due to rising electricity costs and the reliance on renewable man
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 8 October 2025
⏱️ 14 minutes
🧾️ Download transcript
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| 0:00.0 | The weather. Tomorrow, expect a biting cold front. Hmm, how naughty. I wonder what I'll be |
| 0:06.8 | wearing or taking off. The night will be wild and untamed. Expect heavy, lashing rain |
| 0:13.0 | that'll soak you to the skin. By Monday, temperatures will rise slowly but surely reaching |
| 0:18.7 | their peak in the afternoon. |
| 0:23.0 | Not in the mood for miserable weather. |
| 0:25.6 | Fly cheaply to Turkey with Sun Express. |
| 0:28.7 | Sun Express, non-stop sunshine. |
| 0:39.8 | This is CBS Eye on the World. Here's John Batchelor. |
| 0:45.4 | The American economy, the global economy, I welcome Elizabeth Peake, |
| 0:49.9 | writes a column for the Hill, writes a column for Fox News, much on Fox Business, to comment on an anxiety that is apparent whenever companies report these days, especially large |
| 0:57.3 | firms like Walmarts, for example, with large moving workforces that we depend upon. |
| 1:03.6 | The question is, job cutbacks, headcount shrinking. |
| 1:08.8 | Is that a sign of a recession oncoming? Is that a sign that the customers |
| 1:13.7 | have stopped buying? That's the retail number. Does that mean the firm has lost its grip on |
| 1:19.4 | its customer base? Or, Liz, a very good evening to you. We're going to see this again and again |
| 1:24.3 | as companies report. They're adding profits to their bottom line, but their |
| 1:30.1 | head count is shrinking, sometimes large, sometimes small. And CEOs in the call after the |
| 1:37.5 | results are posted to Wall Street often mention that they are planning on shrinking their headcount this, |
| 1:46.6 | this and this in future. Now, that can be anxiety. I can't prove that it isn't. The other |
| 1:53.7 | alternative is AI. Does Wall Street recognize that? Is the American people need to be educated |
| 1:59.4 | about it? Good evening to you. Good evening, |
| 2:02.5 | John. I think this is the biggest story that's not being told. You and I have talked about it |
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