In the very first episode of our monhtly Explainable AI podcas, hosts Paul Anthony Claxton and Rohan Hall sat down with James Chalmers, Chief Revenue Officer of Novo Power, to discuss one of the most pressing issues in AI today: energy consumption and its environmental impact.
Together, they explored how AI’s rapid expansion is placing significant demands on global power infrastructures and what leaders in the tech industry are doing to address this.
The conversation covered various important topics, from the unique power demands of generative AI models to potential solutions like neuromorphic computing and waste heat recapture. If you're interested in how AI shapes business and global energy policies, this episode is a must-listen.
Why this conversation matters for the future of AI
The rise of AI, especially generative models, isn’t just advancing technology; it's consuming power at an unprecedented rate. Understanding these impacts is crucial for AI enthusiasts who want to see AI development continue sustainably and ethically.
As James explains, AI’s current reliance on massive datasets and intensive computational power has given it the fastest-growing energy footprint of any technology in history. For those working in AI, understanding how to manage these demands can be a significant asset in building future-forward solutions.
Main takeaways
- AI’s power consumption problem: Generative AI models, which require vast amounts of energy for training and generation, consume ten times more power than traditional search engines.
- Waste heat utilization: Nearly all power in data centers is lost as waste heat. Solutions like those at Novo Power are exploring how to recycle this energy.
- Neuromorphic computing: This emerging technology, inspired by human neural networks, promises more energy-efficient AI processing.
- Shift to responsible use: AI can help businesses address inefficiencies, but organizations need to integrate AI where it truly supports business goals rather than simply following trends.
- Educational imperative: For AI to reach its potential without causing environmental strain, a broader understanding of its capabilities, impacts, and sustainable use is essential.
Meet James Chalmers
James Chalmers is a seasoned executive and strategist with extensive international experience guiding ventures through fundraising, product development, commercialization, and growth.
As the Founder and Managing Partner at BaseCamp, he has reshaped traditional engagement models between startups, service providers, and investors, emphasizing a unique approach to creating long-term value through differentiation.
Rather than merely enhancing existing processes, James champions transformative strategies that set companies apart, strongly emphasizing sustainable development.
Numerous accolades validate his work, including recognition from Forbes and Inc. Magazine as a leader of one of the Fastest-Growing and Most Innovative Companies, as well as B Corporation’s Best for The World and MedTech World’s Best Consultancy Services.
He’s also a LinkedIn ‘Top Voice’ on Product Development, Entrepreneurship, and Sustainable Development, reflecting his ability to drive substantial and sustainable growth through innovation and sound business fundamentals.
At BaseCamp, James applies his executive expertise to provide hands-on advisory services in fundraising, product development, commercialization, and executive strategy.
His commitment extends beyond addressing immediate business challenges; he prioritizes building competency and capacity within each startup he advises. Focused on sustainability, his work is dedicated to supporting companies that address one or more of the United Nations' 17 Sustainable Development Goals through AI, DeepTech, or Platform Technologies.
About the hosts:
Paul Anthony Claxton - Q1 Velocity Venture Capital | LinkedIn
www.paulclaxton.io - am a Managing General Partner at Q1 Velocity Venture Capital… · Experience: Q1 Velocity Venture Capital · Education: Harvard Extension School · Location: Beverly Hills · 500+ connections on LinkedIn. View Paul Anthony Claxton’s profile on LinkedIn, a professional community of 1 billion members.
Rohan Hall - Code Genie AI | LinkedIn
Are you ready to transform your business using the power of AI? With over 30 years of… · Experience: Code Genie AI · Location: Los Angeles Metropolitan Area · 500+ connections on LinkedIn. View Rohan Hall’s profile on LinkedIn, a professional community of 1 billion members.
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Published on The Digital Insider at https://thedigitalinsider.com/impact-and-innovation-of-ai-in-energy-use-with-james-chalmers/.
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