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cover of episode The AI-crypto power struggle

The AI-crypto power struggle

2024/10/3
logo of podcast Marketplace Tech

Marketplace Tech

Shownotes Transcript

All those fancy artificial intelligence systems need a lot of data centers) to run, and those data centers need a lot of energy. One estimate from the Electric Power Research Institute suggests that current data center electricity consumption in the U.S. [will more than double by 2030](http://Currently, data centers account for over 4% of the total US electricity load but could rise to 9% by 2030. This growth is due to increasing computing power needed by artificial intelligence (AI).)), making up about 9% of all energy use. But the AI sector is coming up against the big energy-hungry tech innovation of yesteryear: crypto mining. Marketplace’s Meghan McCarty Carino spoke with Reuters reporter Laila Kearney about the scramble to power up in both industries.)