John Stankey, the CEO of AT&T, emphasized at Fortune's Global Forum, "I worry about whether or not we're going to have enough power to make all that work moving forward," indicating the concern about energy consumption with the AI revolution.
Stankey added, "If $5 a gallon gasoline gets people elected or kicked out of office, two years from now, people are going to be looking at the power bill on their house... and we’re going to be asking ourselves, how did this happen?" This supports the idea that rising electricity costs will be a significant political issue.
According to a new study by Gartner, "AI demand will exceed power utilities' capacity by 2027," highlighting the urgent need for improved infrastructure to support this rapidly growing energy demand.
Goldman Sachs' research noted, "data centers will require 160% more electricity by 2030," illustrating the unprecedented spike in power demand that could challenge current resource capacities.
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