There is no doubt that AI consumes hugs amounts of power. We have some way to go to match the memory and processing power of the human brain. I am sure this will get better with time although we are a long way away at present.
So far I have been very impressed with Gemini AI that renders old black and white photos in colour in just seconds.
This creates a moral dilemma: we all want the benefits of AI without its power-hungry nature.

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