Microsoft co-founder Bill Gates discusses the potential of artificial intelligence in enhancing energy efficiency and meeting climate targets during the Breakthrough Energy Summit in London, addressing concerns and highlighting the role of tech companies in investing in green energy.
Bill Gates on AI and Climate Goals at London Summit
On June 27, 2024, Microsoft co-founder Bill Gates addressed the Breakthrough Energy Summit in London alongside Prince William. Gates posited that artificial intelligence (AI) could significantly aid in meeting climate targets by enhancing energy efficiency, despite the energy demands of expanding datacentres. Gates emphasized that AI technologies could facilitate more efficient use of technologies and electricity grids, potentially offsetting the increased energy consumption of datacentres.
Gates downplayed concerns about AI’s energy impact, suggesting that the overall effect would be a net reduction in energy usage. He noted that datacentres might only add 2-2.5% to energy demand, arguing that AI could lead to a more than 6% reduction in energy consumption due to efficiency gains.
During the summit, Gates underlined the commitment of tech companies to invest in green energy, stating that these companies are willing to pay premiums for clean electricity to support green energy capacity. Breakthrough Energy, Gates’s venture fund, has invested in over 100 companies focused on energy transition.
In his remarks, Gates also cautioned that achieving net-zero emissions by 2050 might not be feasible, suggesting a potential delay of 10-15 years. He highlighted the challenge of rapidly increasing green electricity capacity to replace fossil fuels.
In a related discussion, Gates warned that political resistance in developed countries could slow the green transition. Highlighting recent political trends in the US, Europe, and the UK, Gates expressed concern over the potential weakening of climate initiatives due to political pushback.
Overall, Gates advocated for the use of AI to accelerate climate-friendly innovations and stressed the need for continued progress despite political and logistical challenges.
