(The Telegraph) – DeepSeek’s Sputnik moment has debunked overblown projections of a data centre boom

One of the abiding truths about technological innovation is that what starts off as clunky and barely worth the time and effort required to use it rapidly generates big improvements in efficiency, driving down costs and ease of use, and eventually creating a virtuous circle of rising supply and demand.

As Liebreich points out, some of the projections for AI, to the effect that it threatens to gobble up an ever larger share of the world’s supply of energy, were already looking far-fetched even before the DeepSeek game-changer came along. (Read More)