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Wipe out or buy?, page-40

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    Headline from Motley fool "

    DeepSeek Crushed Constellation Energy. Is This Nuclear Stock a Buy Now?

    "


    I asked a AI question "Has electricity consumption in China grown since Deepseek AI stated "

    Response was cool for us of course "

    Yes, electricity consumption in China has grown since DeepSeek AI's announcement. According to the China Electricity Council, China's electricity consumption is expected to increase by 6 percent year-on-year to 10.4 trillion kilowatt-hours (kWh) in 20253. This projection follows a 6.8 percent year-on-year increase to 9.85 trillion kWh in 20243.

    The growth in electricity consumption is attributed to several factors:

    1. Steady economic growth

    2. Rising demand across various sectors, particularly in high-tech manufacturing

    3. Rapidly expanding electric vehicle (EV) industry

    Notably, China's high-tech and equipment manufacturing sectors saw their electricity usage rise by 10.3 percent compared to the previous year3. The production of new energy vehicles (NEVs) experienced a remarkable 34.3 percent year-on-year increase in electricity consumption last year3.

    While DeepSeek AI's energy-efficient model has challenged assumptions about future electricity demand from AI data centers4, it's important to note that overall electricity consumption in China continues to rise due to other major drivers such as manufacturing, cryptocurrency, and increased electrification of appliances and vehicles4.

    "

    Those who doubt "Jevons paradox" which will see a bigger increase give Deepseeks amazing usage growth in China are in my thoughts rather interesting

    Whats funny is that history shows this very clearly for those who care to look.

    "

    In economics, the Jevons paradox (/ˈɛvənz/; sometimes Jevons effect) occurs when technological advancements make a resource more efficient to use (thereby reducing the amount needed for a single application); however, as the cost of using the resource drops, if the price is highly elastic, this results in overall demand increases causing total resource consumption to rise.[1][2][3][4] Governments have typically expected efficiency gains to lower resource consumption, rather than anticipating possible increases due to the Jevons paradox.[5]

    In 1865, the English economist William Stanley Jevons observed that technological improvements that increased the efficiency of coal use led to the increased consumption of coal in a wide range of industries. He argued that, contrary to common intuition, technological progress could not be relied upon to reduce fuel consumption.[6][7]

    "

    It does include my favorite word Economics which is not a science of course That could be a paradox as I love both studies of Economics and Science
    Good night all
 
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