The Baumol Effect and Jevons paradox are related
https://www.a16z.news/p/why-ac-is-cheap-but-ac-repair-is
#HackerNews #BaumolEffect #JevonsParadox #Economics #Analysis #A16Z #Insights
Jonathan Schofield
boosted
This happens again and again. Efficiency improvements promise a green sustainable future, but end up delivering just more economic growth, equating more ecological destruction.
The more efficient something is, the cheaper it becomes, the more it will be used, with less care and consideration.
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The researchers were clear that adoption of AI and the accelerated server technologies that power it has been the primary force causing electricity demand from data centers to skyrocket after remaining stagnant for over a decade. Between 2024 and 2028, the share of US electricity going to data centers may triple, from its current 4.4% to 12%.
"""
This happens again and again. Efficiency improvements promise a green sustainable future, but end up delivering just more economic growth, equating more ecological destruction.
The more efficient something is, the cheaper it becomes, the more it will be used, with less care and consideration.