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Motley Fool Hidden Gems Investing

The Next AI Investment Story: Power

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 16 September 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

One query on ChatGPT takes 10x the amount of electricity as a Google search. (00:21) Ricky Mulvey and Asit Sharma discuss: - How big tech is dealing with the electricity demands of AI systems. - Companies that could benefit from more energy usage. - If Under Armour can turn around. Then, (17:43) Brendan Hughes, the author of “Markets in Chaos” joins Ricky to discuss why he’s concerned about the level of money printing in the United States, and one area for investors to watch. Companies discussed: NVDA, MSFT, DUK, OKLO, UA, META, FNV Live podcast in Denver on Wednesday, September 18: https://www.meetup.com/biggerpockets/events/303028272/?eventOrigin=group_upcoming_events Visit our sponsor: Go to www.monarchmoney.com/fool for an extended 30-day free trial Host: Ricky Mulvey Guests: Asit Sharma, Brendan Hughes Producer: Mary Long Engineers: Dan Boyd, Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Chatbots sure are thirsty, you're listening to Motley Full Money. I'm Ricky Mulvey joined today by Osset Sharma.

0:24.0

Osset, how's your weekend?

0:25.0

It was long and not long enough.

0:28.0

Aren't all weekends like that, Ricky.

0:30.0

I really like getting topic suggestions from listeners, giving us something to talk about on the show and one of our listeners

0:37.0

Pervine wrote into us recommending that we chat about the massive power demand and grid strain that's coming from these AI companies.

0:47.0

And this is apropos since last week Jensen Wong and Sam Altman met senior White House officials to discuss infrastructure needs for AI projects.

0:57.7

And Assad, that means POWA.

1:00.0

Setting the table, just so we get a baseline understanding,

1:03.3

is that according to a Goldman Sachs report,

1:06.2

a chat sheet BT query needs 10X the amount of electricity

1:11.4

that a Google search does.

1:14.0

First question, Osset, why are these AI systems so thirsty?

1:18.0

Hey Ricky, first I want to say that I used much less energy

1:21.2

to answer this question than you probably did because I think you told me you consulted

1:24.7

chat TPT on this question so you generated some energy. Think about a Google search when you or I type something into that Google search bar.

1:34.9

We're basically, yeah, we're using some computation, we're sending some algorithms into action,

1:41.2

but basically what we're doing is consulting this index of knowledge.

1:45.8

And while that's a little power hungry, it's nothing like the experience of you asking

1:50.8

Chappetia questions.

1:52.4

So what's going on there?

1:54.0

We've all heard that large language models

...

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