The speed of change and status quo disruption today is breathtaking thanks to evolving AI and exponentially rising computational powers. Doing more with less is the new normal, and it’s changing everything we think we know. See: GE is working on a robot that can save $200 billion in power:
General Electric Co. is working on a way to use artificial intelligence in electricity grids, a technology that it expects will save $200 billion globally by improving efficiency.
“We’re also putting a lot into the machine learning side, a lot,” said Steven Martin, chief digital officer at GE’s energy connections business, at an interview at the Bloomberg New Energy Finance summit in London. “We have a lot of people working on this.”
The technology would optimize how electricity flows in and out of storage devices such as batteries and points of consumption, in real time. This is expected to significantly increase the efficiency of the grid and save consumers money.
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