Users of ChatGPT and other competing large-scale language models would be forgiven if they found the response magical. MIT's Technology Review also recently published an article titled “Nobody Knows How AI Works.”
However, one thing we do know is that it takes a lot of energy to power the advanced AI models that capture the world's attention. OpenAI's Sam Altman discussed this fact, warning that future AI advances will consume far more power than people expect, saying, “There's no way we're going to get there without a breakthrough. ” he said.
According to the International Energy Agency, data centers around the world currently account for 1-1.5% of global electricity usage.
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At the beginning of the AI boom, Dr. Alex de Vries said: The Dutch Central Bank candidate and data scientist predicts that by 2027, the AI sector alone will use almost as much electricity as the Netherlands uses in a year.
Financial blog Zero Hedge posted from its X account that “AI data centers cannot be run on hopes and dreams,'' ridiculing hedge funds shorting energy stocks.
Investors interested in AI but concerned about the high valuations of technology stocks may have a chance to capitalize on the AI boom in energy.
of Vanguard Energy ETF (NYSE:VDE) has had a strong start to the year, gaining ~11%.
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For many in the technology industry, relying on fossil fuels to further power technology is not the best solution, especially as the world strives to reach net zero by 2050.
Sam Altman is known for being at the forefront of AI, but he's also well positioned for potential breakthroughs to address the energy crisis, saying, “AI will make us invest more in fusion.'' It's a motivator.”
According to the International Atomic Energy Agency, “nuclear fusion, if replicated on an industrial scale on Earth, has the potential to provide virtually unlimited amounts of clean, safe and affordable energy to meet global demand.”
Mr. Altman invested $375 million in Helion, a private company aiming to commercialize nuclear fusion.
He also helped take Oklo, a nuclear fission startup, public. AltC Acquisition Corp. (NYSE:ALCC).
While many of the world's brightest minds are working on AI problems, other exciting companies are also working to sustainably solve the power needs of these AI companies.
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This article: Sam Altman warns AI development requires energy 'breakthrough' as economic commentator says 'AI data centers won't run on hopes and dreams' Originally published on Benzinga Published on .com.
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