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AI and energy are converging interests, with cheaper and more abundant energy historically improving quality of life.
Electricity prices are rising at twice the rate of inflation, and grocery prices are at their highest in three years, making it increasingly difficult for families to manage their expenses.
The shift from fossil fuels to renewable energy is driven by economic factors, as it's now cheaper to build and operate solar farms than fossil fuel plants.
Senator Brian Schatz emphasized that the current energy crisis is exacerbated by the refusal to embrace wind and solar, which are cheaper than traditional energy sources.
We're about to see energy costs spike, with communities voting against data centers due to their energy consumption. This could lead to blaming AI tech for job losses and higher electricity costs.
The future of energy will likely be dominated by solar plus storage and nuclear, including advanced nuclear technologies.
The cost of solar energy has decreased significantly, making it cheaper to build and operate than fossil fuel plants, which will naturally deprecate fossil fuels over time.
The exponential growth of solar energy capacity, from 40 gigawatts in 2010 to nearly three terawatts today, underscores the rapid adoption and potential of renewable energy sources to transform the global energy landscape.