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How will artificial intelligence impact inequality and energy?

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below:

🗞️ Driving the news: Ken Silverstein explores the evolving relationship between Artificial Intelligence (AI), energy, and inequality
• It highlights the transformative impact of AI on the energy sector by improving productivity, reducing costs, and potentially widening the digital divide

🔭 The context: The article discusses how AI's integration into the energy sector can streamline operations, enhance decision-making, and boost economic performance, but also emphasizes the necessity for workforce adaptation and the potential exacerbation of inequalities

🌍 Why it matters for the planet: AI's application in energy management is pivotal for achieving more efficient and sustainable energy systems, crucial for tackling climate change
• However, the technology's uneven accessibility could influence global efforts to hit net-zero emissions targets and affect environmental justice

⏭️ What's next: The future will likely see increased reliance on AI within the energy sector to meet growing demands and environmental goals
• Yet, ensuring equitable access to AI technologies and training for new job roles will be essential to mitigate inequality

💬 One quote: "AI lets us simulate a significant number of options and make recommendations for the best course of action,” (Marc Spieler, MD at Nvidia)

📈 One stat: AI and digitization can increase asset productivity by up to 20% while reducing maintenance costs by 10%

Click for more news covering the latest on climate change

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