CONCERT’s Post

The Future Demand for Electricity This discussion in designboom on the environmental impact of AI sheds light on a critical issue—one that is likely to gain more attention as AI becomes more ubiquitous. It's essential to acknowledge the substantial energy demands of AI compared to simpler operations like Google searches. This awareness is timely and necessary. However, it's important to note that technology leaders, like NVIDIA, are making strides in optimizing energy efficiency. Their advancements suggest a promising trajectory where the energy consumption of AI could improve even in the short term. Nevertheless, the anticipated rise in electricity demand is undeniable. This leads to a crucial question: where will this increased energy come from? Another point that merits clarification is the distinction between different cryptocurrencies in terms of energy consumption. Bitcoin, known for its high energy usage, often overshadows other cryptocurrencies that have taken significant steps to reduce their environmental impact. Ethereum, the blockchain on which CONCERT operates, exemplifies this. Since transitioning to a proof-of-stake (PoS) model, Ethereum has slashed its energy consumption by an impressive 99.9%. This change highlights that not all cryptocurrencies carry the same environmental burden, and recognizing these differences is essential for a balanced discussion. By addressing these points, we can foster a more nuanced understanding of the environmental implications of both AI and cryptocurrency technologies. https://loom.ly/JoNeNQE #ai #blockchain #energy #sustainability

research finds generative AI models like chatGPT may double energy consumption by 2026

research finds generative AI models like chatGPT may double energy consumption by 2026

https://www.designboom.com

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