AI and Electricity Demand: Will the Power-Hungry Machines be Satiated?
Published: Aug 28, 2024
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Artificial Intelligence (AI) is a highly disruptive, general-purpose technology (GPT) with compute requirements that are likely to continue growing exponentially well into the 2030s. This surge has critical implications for infrastructure investment, especially as the AI-induced boom follows an extended period of flat U.S. electricity consumption.