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by user43928
8 hours ago
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I had a look now, and apparently we are projected to increase by 2.3x datacenter power consumption until 2030 from 415 TWh to 945 TWh. That is going from 1.5% of global electricity use to 3%. It is less than I expected. Maybe if AI does work out better than expected for knowledge work or becomes applicable to robotics and fields like construction, we are going to see a larger buildout. |
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> It is less than I expected.
I suspect this is because of the word "global". Are not most of these currently planned specifically for the USA? Sure, the USA has a disproportionate use of electricity, but IIRC it's like 16% (1/6th) of global?
3% of global electricity is roughly the same as 18% of US electricity; a bit less because not all the new DCs will be in the US, but that's something that I consider with regards to the economics and why I'm bearish on this topic, as I think it will be a case of Dutch disease in the USA: https://en.wikipedia.org/wiki/Dutch_disease