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Market-Ticker - The Market Ticker Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed )
Digital Tulips in [Market-Ticker] On the physics front, Denninger's right: Energy consumption isn't debatable; it's measurable and binary in its reality For instance, global electricity use by data centers (heavily driven by AI) was around 240-340 TWh in 2022, but with AI's boom, it's projected to double to about 945 TWh by 2030 in baseline scenarios