🔮 Best of the month – A round-up for September 2024

How AI, climate change & energy intertwine. Plus industry & economic trends to know

Welcome to our September recap on AI, climate and energy transition, industry and economic trends. This summarises the most critical ideas and developments we wrote about in 15,000+ words during September.

Artificial intelligence

• Why humanity needs AI: I dig into the essential role AI could play for the future of our species.

• AI scaling continues to push limits. There are no near-term limits on power, chip production or data [EV#492]. BlackRock and Microsoft plan a $30 billion fund for AI infrastructure [EV#492]. And chip startup Groq is partnering with Saudi Aramco to build the world's largest AI inference data centre [EV#492]

• Generative AI is being adopted faster than both the internet and personal computers, with nearly a quarter of working-age Americans using it each week [EV#493]

• AI companies reach $30 million in annualised revenue more than three times faster than enterprise SaaS firms, according to Stripe data [EV#493]

• OpenAI’s new model o1 is resetting expectations of what problems …