The real irony is that they are not really making much money out of AI (relative to investments and operating costs). It’s just a bunch of grifters and bad faith actors along with senior oligarchs who are shielded from competition (if Microsoft/Meta/Google were subject to real competition they would take a prudent and sober approach to their investments in AI).
“While emerging and developing economies are set to drive the large majority of the growth in global electricity demand in the coming years, consumption is also expected to increase in many advanced economies after a period of relative stagnation,” said Keisuke Sadamori, the IEA’s director of energy markets and security.
More places in the world are becoming industrialized, that’s the largest driving factor, not AI
Welp. Blame AI.
Who pays it? Everyone. Who makes money of it? Rich kids.
The real irony is that they are not really making much money out of AI (relative to investments and operating costs). It’s just a bunch of grifters and bad faith actors along with senior oligarchs who are shielded from competition (if Microsoft/Meta/Google were subject to real competition they would take a prudent and sober approach to their investments in AI).
Blame AI?
That’s not what the article says.
More places in the world are becoming industrialized, that’s the largest driving factor, not AI