Right now, yes. You can thank greedy capitalists for that. There's no fundamental reason why it must be an environmental disaster. Look at the human brain. It's way beyond any AI today and uses 10 watts. That's peanuts to any AI. Drop the power consumption of AI by a couple orders of magnitude and nobody cares. Impossible you say? We done crazier power drops in conventional computing. Take a Pentium 3 500Mhz computer. Ran about 200 watts. It's about the same compute performance as a Raspberry Pi Pico at 2 watts. Or take a 486 vs an Arm Cortex M3. The 486 is 2-10 watts, depending on variant. The M3 is a couple of mW for equivalent performance. Point is, we've slashed power consumption wildly in the past and I see no reason to think AI should be any different. We just let greedy capitalists push the technology out way too widely before it was ready. Which means we waste alot of energy and resources to build stuff that will likely soon be very obsolete.
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