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The energy myth of AI: why forecasts are not so scary

October, 18 2024

While interest in artificial intelligence is steadily growing around the world, its impact on electricity demand may be more modest than expected. The International Energy Agency (IEA), in its World Energy Outlook 2024 report, indicates that increased efficiency of computing processes and limited availability of chips and power grids may curb the growth of AI-related electricity consumption.Analysts predict that by 2050, AI and data centers will account for only 2% of global electricity dem... Read More

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