What Will Power the AI Revolution? | 5-Minute Videos | PragerU
As artificial intelligence transforms the world, it’s triggering an unprecedented demand for energy. So where will that power come from—and what does it mean for America’s future? Mark Mills, executive director of the National Center for Energy Analytics (@energyrealities )
explains what history tells us about innovation and the unstoppable force of progress.
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Transcript:
What Will Power the AI Revolution?
Presented by Mark Mills
Here’s a law of the universe: Revolutionary inventions lead to massive new demands for energy.
Think about it: the steam engine led to a massive new demand for coal. The automobile led to a massive new demand for gasoline. The commercial jetliner led to a massive new demand for jet fuel. The light bulb – or the air conditioner? Massive new electricity demands.
Here’s a second law of the universe: When new energy demands arise, supply inevitably follows.
Right now, we’re in the early days of another revolutionary invention: Artificial intelligence.
AI is a big deal, perhaps the biggest in history. That’s why Google, Meta, and dozens of other tech giants are spending hundreds of billions of dollars to deploy it.
Skeptics wonder if it will pay off.
History, however, suggests that it will.
Like all earlier tech revolutions, AI not only creates new kinds of services, but dramatically increases productivity.
This is important because, over the last two decades, America’s productivity growth has slowed. When that happens, real wages decrease, and the economy creates fewer jobs.
“Wait a second,” I can hear you saying. “I heard that AI is going to trigger a jobs apocalypse — or worse. I’ve seen The Terminator and The Matrix. I know how this goes.”
That makes for good science fiction, but it’s not how tech revolutions play out.
Just as the steam engine, automobile, and jetliner boosted economic growth, so will artificial intelligence. It’s hard to predict exactly how — which scares some people — but odds are high that history will repeat.
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