Current Climate: Crypto And AI Have Emerged As Major Energy Hogs

ur insatiable appetite for web-based services and streaming platforms has required the construction of ever more powerful data centers, all of which need more and more electricity to operate. Managing that growing demand adds to the challenge of slashing carbon emissions from the grid. Some estimates see energy needs for data centers, accounting for 7.5% of U.S. energy consumption. The surge in controversial cryptocurrency mining is part of that, as is the fast-emerging AI industry. The U.S.

As for AI, ChatGPT’s Sam Altman acknowledged that its vast computer networks and high-powered chips are going to need ever more electricity to achieve all that he envisions. At the World Economic Forum in Davos last month,that “we still don’t appreciate the energy needs of this technology” and that an energy breakthrough was probably necessary for AI. Until then, the growth of power-hungry AI-enabled tech may already be slowing efforts to shutterabout how rapidly that industry will grow. U.S.

Source: Energy Industry News (energyindustrynews.net)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Is Category 5 Sufficient to Communicate Hurricane Risk in a Warming Climate?Climate scientists question the effectiveness of Category 5 in communicating hurricane risk in a warming climate.
Source: ScienceDaily - 🏆 452. / 53 Read more »

Energy Department Awards $20 Million For Research Into Carbon-Free Geologic HydrogenI cover advanced transportation and climate-oriented technology. I also co-author the Current Climate newsletter.
Source: ForbesTech - 🏆 318. / 59 Read more »

TradeStation Crypto, Inc. settles with the SEC and state regulators, agrees to pay $3 million in penaltiesThe SEC charged TradeStation Crypto, Inc. for failing to register the offer and sale of a crypto lending product.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Will Bitcoin’s Price Hit ATH in 2024, Should You Buy BTC Now, and Is Another Crash Coming: AnalysisCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Coinbase-Backed DeSo SocialFi App Focus Raises $75 Million in One WeekCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Crypto Community Expresses Frustration with Points ProgramsMembers of the crypto community are expressing frustration with the emergence of points programs in the industry, considering them to be detours and potentially scammy. The sentiment is seen in the responses to new projects announcing their points programs, with users criticizing the move. Points programs have received a bad reputation due to the sudden issuances of valuable tokens in recent years.
Source: TheBlock__ - 🏆 464. / 53 Read more »