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Marketplace Tech

The AI-crypto power struggle

Marketplace Tech

American Public Media

Technology, News

4.61.2K Ratings

🗓️ 3 October 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

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, 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.

Transcript

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0:00.0

Hi I'm Kai Rizdahl the host of How We Survive

0:03.4

It's a podcast from Marketplace. In 1986, before I was a journalist,

0:08.3

I was flying for the Navy.

0:09.7

Mr. Gorbachev, tear down this wall.

0:14.4

It was the cold war, and my first deployments were intercepting Russian bombers.

0:18.6

Today, though, there's another threat out there, climate change.

0:22.5

This could be the warmest year on record.

0:24.6

Climate change is here.

0:25.7

Temperatures here are warming faster than anywhere on Earth.

0:29.5

And while the threat seems new,

0:31.6

the Pentagon's been funding studies on climate change since the 1950s.

0:35.9

I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change.

0:44.7

This season, we go to the front lines of the climate crisis

0:47.5

to see how the military is preparing for the threat.

0:51.0

Listen to how we survive,

0:52.3

wherever you get your podcasts.

0:54.0

There's a power struggle between crypto and AI.

1:00.0

From American Public Media, this is Marketplace Tech. I'm Megan McCurdy Corino. All those data centers need a lot of data centers to run and those data centers need a lot of energy.

1:24.0

One estimate from the Electric Power Research Institute suggests that current data center

1:28.4

electricity consumption in the US will more than double by 2030, making up about 9% of all energy use.

1:37.6

But the AI sector is coming up against the big energy-hungry tech innovation of yester year, crypto mining.

1:45.2

Reuters reporter Lala Kearney has been following the scramble to power up in both

...

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