Gen AI has unleashed a reimagination of the future and fuelled a “melt up” in related sectors with Nvidia becoming the first company in the world to reach US$4 trillion market cap. However, this transformative technology requires a tremendous amount of power, which in turn could contribute to global warming. On the other hand, Gen AI could be used to promote sustainability such as by improving efficiency, while supplementing a shrinking workforce amid ageing demographics.
Is Gen AI’s growth sustainable financially and environmentally? Have equity prices run ahead of fundamentals? Could Gen AI’s power guzzling concerns become an opportunity instead? How else can we reshape the future of environmental and social sustainability using Gen AI?