Part 5/10:
Despite optimism about these developments, some skeptics argue this wave of investment may resemble a bubble, especially given the recent record highs in the stock market. However, a report by Blackstone suggests an unstoppable economic push towards AI, revealing that a majority of organizations plan to bolster their AI investments markedly over the next several years.
The Power Demand Dilemma
With the explosion of data generation and AI usage, the demand for energy has surged dramatically in tandem. Indeed, the amount of data generated globally in the last few years surpasses all previous data combined in human history. This requirement for computational power not only amplifies energy needs but also highlights vulnerabilities within the aging US electricity grid.