AI is the rage. TIt also is not going anywhere.
In this video I discuss how we are going to see a huge bottleneck within countries as the AI race keeps expanding. Since this is entering every aspect of life, i.e all industries, where are we going to get the ability to have enough electricity? This is a problem that many nations are going to be confronted with.
▶️ 3Speak
With the limited GPUs/compute and data, I don't think there will be a lot of companies that will join the AI race. So I don't really see many nations facing electricity problems. Sure there will be small companies that may train AI, but I doubt these will require as much as the big companies. For those smaller companies, they can use solar energy to supplement their requirements. A lot of the big malls in the Philippines already have their own solar setup.
For big companies, I've seen articles where they go to different areas that have wasted energy, and set up there. If the compute can be shared via cloud, then just tapping into a lot of these wasted energy places can supplement a lot of the needed energy.
Are you thinking of Amazon rather than Meta for the nuclear-powered data center?
https://electrek.co/2024/03/05/amazon-just-bought-a-100-nuclear-powered-data-center/
Iceland (geothermal) and Norway (hydro) already have cheapish electricity so might be data center hubs. Maybe some Gulf states too? Several of them have “surplus” natural gas that could be shipped to other countries, but LNG infrastructure is expensive and potentially a dangerous geopolitical terroristic target. Yeah, the data centers in the Gulf could be targeted, but the LNG sites in Western ports could go boom in the way that data centers in the Gulf couldn’t.
Energy will be the new money as it is the backbone of the BTC financial network.
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