The energy consumption of both crypto and AI are way overstated. Total energy budget of crypto is less than a percent of world electricity consumption (not ene

The energy consumption of both crypto and AI are way overstated. Total energy budget of crypto is less than a percent of world electricity consumption (not energy consumption, electricity). And a ton of that electricity is particularly no-carbon. AI is harder to get numbers for and obviously is a moving target, but plausibly half of the consumption that crypto is.