Tech
Elon Musk Says Continuing with Fossil Fuels Will Cost $14 Trillion
Elon Musk says converting the globe to fully sustainable energy will need $10 trillion in investment, but continuing to rely on fossil fuels will cost around $14 trillion.
The CEO of Tesla Inc. said in their Master Plan Part 3 published Thursday that a massive build-out of solar-panel factories and metal refineries is required over the next 20 years to deliver renewable power generation and electricity-storage capacity to power the global economy entirely with carbon-free energy.
The white paper expands on Musk’s vision for a world without fossil fuels, which he initially laid out during last month’s investor day. “Earth will transition to a sustainable energy economy,” Elon Musk declared at the Austin event. “And it will occur during your lifetime.”
Tesla envisions improved grids powered by wind and solar, worldwide arrays of battery farms and underground hydrogen caverns to store energy, a retooling of heavy sectors such as steel and cement production, and homes and businesses heated or cooled by heat pumps.
The alternative, continuing to generate oil, coal, and natural gas, Tesla claims, is more expensive, with charges totaling $14 trillion over the next two decades by 2022.
Tesla claims that an electrified energy industry necessitates less investment and material extraction than the current economy.
Musk’s proposed global energy system necessitates 30,000 gigatonnes of renewable energy generation and 240,000 gigatonne-hours of storage batteries. According to Bloomberg, renewable capacity will be 3,214 gigatonnes in 2021, with the stationary energy storage industry expected to have 1,432 gigatonnes of capacity by the end of 2030. That would be a big boon for cleantech companies like Tesla.
While a cleaner world’s $10 trillion investment cost is large, Musk claims it is only a fraction of the global economy’s $100 trillion and is fully possible over two decades.
“It would be 0.5% of the global economy over 20 years,” he told investors last month. “This is not a large number.”
Under Musk’s scenario, the global metals sector would experience a significant increase in demand. According to Tesla, a total of $502 billion in mining capital expenditure and $662 billion in refining expenditure would be required to generate the nickel, lithium, copper, and other materials used in batteries and clean-energy equipment.
The automaker claims that $10 trillion in investments will enable the world’s energy grid to transition away from fossil fuels. Totals include the initial investment and 20 years of 5% sustaining capital expenditure.
At peak levels, the world would need to dig up 3.3 gigatonnes (3.3 billion metric tons) of earth annually to extract the metals required to transition to greener energy sources. Tesla stated that by substituting aluminum for copper, total mass might be lowered because the former has far greater ore grades than the latter. In any event, it’s still significantly less than the 15.5 gigatonnes currently taken annually for fossil fuels, according to the report.
There is also a minimal chance that the planet would run out of critical metals, as just a portion of present resources are required, and increased demand will motivate explorers to hunt for new reserves.
As expired batteries, solar panels, and wind turbines are recovered for reuse, recycling will begin to meaningfully replace new metals supplied by 2040. Other elements will be phased out or reduced, including using copper instead of silver in solar panels, artificial graphite in batteries, and removing rare earth from wind turbines.
Tesla stated in the document, “The electrified and sustainable future is technically feasible and requires less investment and material extraction than continuing today’s unsustainable energy economy.”
Elon Musk Seeks End to $258 Billion Dogecoin Lawsuit
Cryptocurrency
Sony Is Once Again Facing A Potential Security Breach, This Time By A Ransomware Group
Once more, Sony faces the possibility of a security breach, this time from a ransomware group alleging to have compromised PlayStation systems. On Sunday, the group LAPSUS$ proclaimed the alleged hack on their dark website. This could have significant implications for PlayStation users, although details remain scant.
According to the ransomware group, they have compromised all Sony systems and seized valuable information, including game source code and firmware. As “proof,” they have provided screen captures of what appears to be an internal login page, PowerPoint presentation, and file directory.
However, according to cybersecurity specialists, this information could be more convincing. Cyber Security Connect stated, “None of it appears to be particularly compelling information.” They suspect that LAPSUS$ may have exaggerated the scope of their breach.
Based on the limited data available, it is extremely difficult to determine the scope or integrity of the hackers’ claims. PlayStation’s online services do not appear to have been impacted so far, with no word if user data is at risk.
Sony Is Once Again Facing A Potential Security Breach, This Time By A Ransomware Group.
Not for the first time have Sony’s systems been targeted. In 2011, the PlayStation Network was compromised, exposing the personal information of 77 million users. Sony ultimately locked down PSN for nearly a month to improve security.
In 2014, North Korea launched a devastating cyberattack against Sony Pictures in retaliation for the film The Interview. The release of terabytes of sensitive data, including scripts for upcoming films and employees’ personal and medical information. Time will tell if Sony can once again recover its systems from a significant cyberattack. However, PlayStation users may need to prepare for potential consequences.
If LAPSUS$’s claims are accurate, this breach could have comparable repercussions. There is a possibility that sensitive source code and intellectual property could be compromised. There is also the possibility of significant PlayStation Network service disruptions. As with any hack, we recommend that users alter any passwords used on any PlayStation service to avoid problems with other online accounts.
CGMagazine has sought out Sony for comment, but at the time of publication, the company has neither confirmed nor denied the breach’s scope; we will update the article if the situation changes.
SOURCE – (cgmagonline)
Cryptocurrency
Amazon Is Investing Up To $4 Billion In AI Startup Anthropic In Growing Tech Battle
Amazon is investing up to $4 billion in artificial intelligence startup Anthropic and acquiring a minority stake in the company, the two companies announced on Monday.
The investment underscores how Big Tech companies are pouring money into AI as they race to capitalize on the opportunities that the latest iteration of the technology is set to fuel.
According to Amazon and Anthropic, the agreement is part of a larger collaboration to develop so-called foundation models, which are the basis for the generative AI systems that have garnered worldwide attention.
Foundation models, also known as large language models, are trained on vast online information pools, such as blog posts, digital books, scientific articles, and pop songs, to generate text, images, and videos that resemble human labor.
Amazon Is Investing Up To $4 Billion In AI Startup Anthropic In Growing Tech Battle.
Under the terms of the agreement, Anthropic will use Amazon as its primary cloud computing service and train and deploy its generative AI systems using Amazon’s custom processors.
Anthropic, based in San Francisco, was founded by former employees of OpenAI, the creator of the ChatGPT AI chatbot that made a global impact with its ability to generate responses that resembled human responses.
Anthropic has released Claude, its own ChatGPT competitor. The most recent version, available in the United States and the United Kingdom, can “sophisticated dialogue, creative content generation, complex reasoning, and detailed instruction,” according to the company.
Amazon is racing to catch up to competitors such as Microsoft, which invested $1 billion in OpenAI in 2019 and another multibillion-dollar investment at the beginning of the year.
Amazon has been releasing new services to keep up with the AI arms race, such as an update to its popular assistant Alexa that enables users to have more human-like conversations and AI-generated summaries of consumer product reviews.
SOURCE – (AP)
Computer
Photo Giant Getty Took A Leading AI Image-Maker To Court. Now It’s Also Embracing The Technology
Anyone seeking a gorgeous photograph of a desert landscape will find various options in the Getty Images stock photography collection.
But suppose you’re searching for a wide-angle image of a “hot pink plastic saguaro cactus with large, protruding arms, surrounded by sand, in a landscape at dawn.” According to Getty Images, you can now request that its AI-powered image generator create one on the spot.
The Seattle-based company employs a two-pronged strategy to address the threat and opportunity of artificial intelligence to its business. First, it filed a lawsuit against a prominent provider of AI-generated images earlier this year for what it claimed was a “stunning” violation of Getty’s image collection.
But on Monday, it joined the small but expanding market of AI image creators with a new service that enables its customers to create novel images trained on Getty’s vast library of human-made photographs.
According to Getty Images CEO Craig Peters, the distinction is that this new service is “commercially viable” for business clients and “wasn’t trained on the open internet with stolen imagery.”
He compared this to some pioneers in AI-generated imagery, such as OpenAI’s DALL-E, Midjourney, and Stability AI, the creator of Stable Diffusion.
“We have issues with those services, how they were built, what they were built upon, how they respect creator rights or not, and how they actually feed into deepfakes and other things like that,” Peters said in an interview.
Anyone seeking a gorgeous photograph of a desert landscape will find various options in the Getty Images stock photography collection.
In a lawsuit filed early this year in a Delaware federal court, Getty alleged that London-based Stability AI copied without permission more than 12 million photographs from its collection, along with captions and metadata, “as part of its efforts to build a competing business.”
Getty asserted in its lawsuit that it is entitled to damages of up to $150,000 per infringed work, which could reach $1.8 trillion. Stability seeks dismissal or transfer of the case but has not formally responded to the underlying allegations. Similar to the situation in the United Kingdom, a court conflict is still brewing.
Peters stated that the new service, dubbed Generative AI by Getty Images, resulted from a long-standing partnership with California-based tech company and chipmaker Nvidia, which predated the legal challenges against Stability AI. It is based on Edify, an AI model created by Picasso, a division of Nvidia’s generative AI division.
It promises “full indemnification for commercial use” and is intended to eliminate the intellectual property risks that have made businesses hesitant to use generative AI tools.
Getty contributors will also be compensated for having their images included in the training set, which will be incorporated into their royalty obligations so that the company is “actually sharing the revenue with them over time rather than paying a one-time fee or not paying that,” according to Peters.
Anyone seeking a gorgeous photograph of a desert landscape will find various options in the Getty Images stock photography collection.
Getty will compete with rivals such as Shutterstock, which has partnered with OpenAI’s DALL-E, and software company Adobe, which has developed its own AI image-generator Firefly, for brands seeking marketing materials and other creative imagery. It is unlikely to appeal to those seeking photojournalism or editorial content, where Getty competes with news organizations such as The Associated Press.
Peters stated that the new model cannot produce politically damaging “deepfake” images because it automatically blocks requests containing images of recognizable persons and brands. As an illustration, he entered “President Joe Biden on a surfboard” as a demonstration to an AP reporter, but the tool rejected the request.
“The positive news about this generative engine is that it cannot cause the Pentagon to be attacked. “It cannot generate the pope wearing Balenciaga,” he said, referring to a widely shared fake image of Pope Francis wearing a fashionable puffer jacket generated by artificial intelligence.
Peters added that AI-generated content will not be added to Getty Images’ content libraries, reserved for “real people in real places doing real things.”
SOURCE – (AP)
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