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The AI boom tests the limits of growth

Axios·July 16, 2026·1 min read
The AI boom tests the limits of growth

Google's electricity consumption rose over 140% between 2021 and 2025, exceeding projected growth from a 2023 study. Combined new electricity demand from Google, Microsoft, Amazon, and Meta from 2022 to 2025 is roughly twice New York City's annual consumption. The AI industry's expansion raises questions about whether larger models justify mounting environmental and financial costs, despite efficiency improvements.

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