Artificial intelligence and crypto could double power usage by 2026
Artificial intelligence finds applications in many fields, from facilitating daily tasks and supporting education to providing entertainment. However, using AI comes with specific costs, especially regarding electricity consumption. What are these costs?
9:11 AM EDT, May 24, 2024
The popularity of artificial intelligence is growing. Since the ChatGPT application became widely available, more people have used AI tools for professional and recreational purposes. However, generating a funny image, creating a song, or solving a complicated equation requires significant electricity.
As much energy as Japan
According to swiatoze.pl, based on data from the International Energy Agency (IEA), in 2022, cryptocurrencies and artificial intelligence accounted for about 2 percent of global electricity consumption. Forecasts indicate that by 2026, this share could double.
This means that artificial intelligence and cryptocurrencies could consume as much electricity as Japan currently uses in just two years. The reason for this increase is apparent.
Why does AI need so much energy?
Generative artificial intelligence, which creates texts, images, or sounds based on text commands, must perform complex calculations. This process results in the expected content, but first, AI needs to be "fed" with the necessary information.
To perform these calculations, powerful servers are required, which in turn need significant amounts of electricity to operate. AI tool developers strive to increase their efficiency and shorten response times, which further translates into higher energy consumption. The demand for energy increases by about 26-36 percent annually.
Artificial intelligence might require even more electricity in the future. Journalists from swiatoze.pl.pl emphasize that AI tools operate in two stages. The first is "feeding," or training the program based on data. This stage consumes about 20 percent of the total required energy. The second stage is usage, where people give commands and expect AI to produce results, consuming 80 percent of energy.
Given artificial intelligence's growing popularity and capabilities, understanding its impact on electricity consumption becomes crucial for future energy resource management strategies.
