Newsletter: Signs of the Tech Revolution #12
Data centers are the backbone of modern digital infrastructure, but their energy consumption is a growing concern. As they’re crucial to companies worldwide, their power usage is under scrutiny. These centers require vast amounts of electricity, contributing significantly to global energy demand.
Recently, innovations in artificial intelligence (AI) and machine learning are being deployed to optimize efficiency. By smartly managing workloads and cooling processes, AI can reduce power use and water waste significantly. This can be a big step toward sustainable IT operations.
However, every server generates heat and has to be cooled down.
Water works best for this, but data centers are often among the heaviest users of water… Read how much water and power the most popular model consumes to write the average email.
In this newsletter:
- $50M for AI training
- Redundant tech jobs
- Rising copper demand
- Intel pauses investments
- PepsiCo cloud overspend
- EU rules can slow down the AI boom
- The market for servers and storage systems grew by 127%
- and more...
News #1: LinkedIn is training AI models on your data
LinkedIn is using AI to better personalize its user experiences. With AI-driven insights, LinkedIn will foster more effective skill development and strengthen its position as the best professional social network. However, unlike other platforms, LinkedIn gives its users control over their data and allows them to opt out of sharing data for training AI models.
LinkedIn’s approach could set a precedence for how enterprises globally incorporate AI responsibly, ensuring user engagement while respecting privacy.
News #2: Generative AI raises security concerns among IT leaders
Generative AI’s rapid advancement brings both opportunities and challenges for cybersecurity. As businesses increasingly integrate AI into their operations, concerns surrounding data security and potential misuse are escalating. The crux of the issue lies in the dual-use nature of generative AI: while it can enhance security protocols, it also provides new avenues for cyberattacks and misinformation.
News #3: BHP warns AI growth will worsen copper shortfall
“The rise of data centers and AI, which requires more energy-intensive computing, could boost global copper demand by 3.4mn tonnes a year by 2050”, BHP’s chief financial officer Vandita Pant
“Data centers themselves are becoming incrementally less copper intensive, but getting the electricity to them, that is copper intensive,” said Colin Hamilton, commodities analyst at BMO Capital Markets.
News #4: Tech jobs are drying up
Tech companies are rapidly shifting their focus towards artificial intelligence (AI), leading to a significant transformation in tech job dynamics. The demand for professionals adept in machine learning, data science, AI and complex problem-solving is growing.
However, the reorientation towards AI doesn’t just affect hiring practices. It’s also influencing existing roles, with current employees needing to upskill or reskill to stay relevant. Training and certifications in AI technologies are becoming more critical for career advancement.
This means staying competitive requires embracing AI and ensuring that your workforce is equipped with the necessary expertise. Investing in AI innovation and employee training will be key to leveraging this shift in the coming years.
Other News
- Salesforce rolls out $50M AI training push - Read more
- How PepsiCo approaches cloud overspend - Read more
- The EU’s chips plan implodes as Intel pauses investments - Read more
- Rising demand for Azure skills signals growth in Microsoft cloud solution- Read more
- The widespread voice cloning scam half of us don’t even know is possible - Read more
- Meta to European Union: Your tech rules threaten to squelch the AI boom - Read more
- The market for servers and storage systems grew 127% year over year to $54 billion - Read more
- Meta reignites plans to train AI using UK users’ public Facebook and Instagram posts - Read more
What does Maxima Consulting do again?
Maxima Consulting helps business leaders get the most out of their project investments through smart process and operations optimization. Tech leaders work with our project teams to tap into the global talent pool and deliver projects on time and within budget. Maxima Consulting is trusted by global banks, logistics companies, retailers, and other leading companies worldwide.
Curious to see how Maxima Consulting can help you get the most out of your tech investments? Meet with one of our consultants to see how we can help.
Signs of the Tech Revolution
Learn what recent developments could mean for your organization
Subscribe
