A.I. is likely going to increase productivity in a myriad of ways, and yet the International Monetary Fund (IMF) warns that it will also likely disrupt jobs and widen income inequality.
At what speed this may happen is uncertain, and even though we are at the early stages of the A.I. story, we are already seeing how it may impact the energy system, with future energy demands potentially outpacing our ability to transition from the fossil fuel system.
Jeff refers to this increasing need for energy, largely fueled by the tech and A.I. sector, as the addition economy, and believes that the increasing energy needs of data centers may need support from a number of different sources, including renewables, coal, natural gas, new battery technologies, and nuclear power. Hear more about what Jeff has to say in this 7-minute clip from our NYSE studio:
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