I thought a few years back already that owning a bigger house will be cheaper than ever due to the progress of cheap renewable energy, cheaper and cheaper heat pump technology and batteries.
I did made the point that AI/ml is helping us and the type of energy location and load is much easier to get green than lets say concrete.
We need AI/ML for getting there faster and helping more people around us. Alone for weather simulations but also for medicine, material research for batteries etc.
Insulin is a bad example and a good one. A bad one because what happens in the USA is some super weird shit (and it only happened in the USA, thats why USA people drive to canada or mexico). Without insulin though, they wouldn't be alive.
ML on x-ray pictures is super easy technology which partially already is better than x-ray experts. Its not far away to have build in diagonstics or cheap online services. And yes they will reach poorer people than before. It will also allow a lot more people to get better diagnosis.
My sister has a type of blood cancer, she would have been dead by now if research wouldn't have found a solution 13 years ago.
And no MS and OpenAI and google are not just using their DCs to write summeries. They use it to do research. A LOT actually.
And take a look at google ios and the research papers, plenty of medical papers coming from those big companies.
I. believe that watching mulitply movies is still a lot more co2 efficient than driving a car to a big independent room, which gets heated and than also shows a movie through a big projector than having a tv running and streaming it from the internet.
Datacenters always run because there is always something to do.
For everything else, there are already plenty of energy saving mechanism build into the CPUs, Mainboards, Disks etc. A Datacenter doesn't run on 100% Energy just because the load is reduced.
AI and ML will help a lot of people and already does. Alpha Fold / protein folding will help us with cancer.
We will have better batterires thanks to ml material research.
We will be able to calculate and optimize everything related to flow like wind.
The last thing we need to optimize is compute and compute is what has the most money anyway. One of the first industries going green is datacenters. Google for example is going green 24/7 (so not just buying solar power but pulling green energy from the grid 24/7 through geo thermy and others).
AI/ML big datacenters are crucial for all the illneses we have which no one cares enough to solve. For example, i have one of these and we need data to make a therapy for this and i'm not alone.
Yes, start comparing energy spend on bitcoin mining and the missing features. You will see that bitcoin already consumes a lot more energy than our proof of stake system.
What do you do when you want to exchange 1 bitcoin for 1 car and the person with the car doesn't give you the car after the 'absolut fairness/ security' of transfering bitcoin to their wallet? You go back to our Proof of Stake system. You talk to a lawyer. You expect the police to help you.
The smallest issue in our society is just transfering money from left to right. This is not a hard problem. And pls don't tell me how much easier it is to send a few bitcoins to africa. Most people don't do this and yes western union exists.
Or try to recover your bitcoins. A friend has 100k in bitcoins just doesn't know the password anymore.
What do you do when someone breaks into your home and forces you to give them your bitcoin key? Yes exactly anonyms moving of money from you to them. Untraceable, wow what a great thing to have!
And no Satoshi 'himself' is not an expert in global economy. He just invented bitcoin and you can cleary see how flawed it is.
The wealth gap is widening while in parallel poorer people have better lives than ever.
We house, heat and give access to knowledge to a lot more people than ever before.
Cheap medical procedures through AI will help us all. The AI which will be able to analyse the x-ray picture from some 3th world country? It only needs a basic x-ray machine and some internet. The AI will be able to tell you what you have.
I'm also convinced that if AGI is happening in the next 10 years, it will affect that many people that our society has to discuss capitalisms future.
Datacenters save a lot more energy than they make. Alone how much co2 is saved when i can do my banking online instead of having to drive to a bank is significant.
The same with a ton of ohter daily things i do.
Is video producing co2? yes. But you know what creates a lot more co2? Driving around for entertainment.
And the companies running those GPUs actually have an incentive to be co2 neutral while bitcoin miners don't: They 1. already said they are doing / going co2 neutral due to 2. marketing and they will achieve it becauseh 3. they have the money to do so.
When someone like Bill Gates or Suckerberg say 'lets build a nuclear power plant for AGI' than they will actually just do that.
But we do know that the Proof of Stake system we currently have, is a lot cheaper and more advanced than what Bitcoin does.
Bitcoin doesn't solve any problem yet which is fundamental to our society and a fiat system like the trust issue:
If i exchange 1 bitcoin with you for any service or thing outside of the blockchain, i need the whole proof of stack system protection of our normal existing money infrastructure like lawyers, contracts etc.
And no smart contracts do not solve this issue.
What is left? Small amount of transactions per day with high fees 'but' decentralized infrastructure run by someone we all don't know aggregated probably in data centers owned by big companies.
AI solves gigantic issues and helps us with cancer, protein folding, potentially math and other studies, material science etc.
Bitcoin consumes as much energy as a country and has basically done nothing besides moving money from one group of people to a random other group of people.
And bitcoin is also motivated to find the cheapest energy independent of any ethical reasoning (taking energy from cheap chinese hydro and disrupting local energy networks) while AI will have energy from the richest companies in the world (ms, google, etc.) which already working on co2 neutral 24/7.
Thats so fun because apparently everyone doing bitcoin does it for a different reason.
Anyway do you believe that when the world goes down and you need your gold, you will be able to use bitcoin?