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The losers are going to be the energy companies who think they’re getting long-term energy sales but probably won’t be, since these techniques will get more eff
by matthewdgreen 1y ago
The losers are going to be the energy companies who think they’re getting long-term energy sales but probably won’t be, since these techniques will get more efficient.
- idiotsecant 1y agoThe techniques will get more efficient, but the quantity of training will increase monotonically. We aren't going to use less energy overall. The ratepayers are absolutely the ones who will lose out on this.
- dorkypunk 1y agohttps://en.wikipedia.org/wiki/Jevons_paradox https://en.wikipedia.org/wiki/Jevons_paradox
- nitwit005 1y agoPeople using consumer generative AIs are already using it for free, or very cheaply. It may be hard for falling costs to drive more demand.
- ericmcer 1y agoThe demand for energy will never go down, the more we can produce the more we will use.
- lotsofpulp 1y agoThe article says > Electricity demand in the U.S. held steady for 15 years but, last year, it increased by 3%— marking the fifth-highest rise this century. More jumps are projected for years to come. https://www.eia.gov/energyexplained/electricity/electricity-in-the-us-generation-capacity-and-sales.php https://www.eia.gov/energyexplained/electricity/electricity-... Total electricity generated has been relatively flat for a couple decades.
- 0cf8612b2e1e 1y agoSurely EVs would change the equation. Also increasing installation of heat pumps vs gas heating.
- lotsofpulp 1y agoPerhaps, my point was an electricity supplier that invested a ton of money in the early 2000s assuming that aggregate demand will keep growing forever would have been in for a rough time. A variety of factors may or may not make a future where aggregate electricity demand would increases, or stagnates, or even declined.