The economic benefits of China’s abundant and cheap supply of electricity were recognised by US tech billionaire Elon Musk and other speakers at the World Economic Forum in Davos, Switzerland, on Thursday. As the United States and the European Union contemplate how to catch up, Tesla CEO Musk said the artificial intelligence (AI) industry was facing an energy bottleneck around the globe – with AI chips being produced rapidly and electricity output struggling to keep up – apart from the notable…
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Again, AI race to what, exactly? Market dominance? What is AI used for again? How is it beneficial?
