Elon Musk has warned of a potential global energy crisis driven by the rapid expansion of artificial intelligence (AI) and electric vehicles (EVs). Speaking at the Bosch Connected World conference, Musk highlighted the accelerating demand for electricity, stressing the need for an urgent focus on clean energy generation and increased production of electrical transformers.
Musk noted that AI capabilities are doubling approximately every six months, leading to unprecedented energy demands. He pointed out that the simultaneous growth of EVs, also heavy electricity consumers, is compounding the strain on power infrastructure. He suggested that a shortage of electricity could occur as soon as 2025.
Musk advocated for investments in renewable energy sources and increased production of electrical infrastructure to support technological advancements. Experts from organizations like the World Economic Forum have also emphasized the importance of incentivizing energy-efficient AI and regulating energy consumption in sectors like blockchain.