CAN AI’S ENERGY APPETITE BE SUSTAINABLY FUELED? POWERED BY FII INSTITUTE IN PARTNERSHIP WITH THE HILL & VALLEY FORUM

The discussion centers around the transformative potential of AI and the energy infrastructure required to support its growth. Ruth Porat, President and Chief Investment Officer of Alphabet and Google, emphasizes the economic upside of AI, highlighting its potential to improve healthcare, education, and cybersecurity. She stresses the importance of investing in energy infrastructure to unlock AI's potential, advocating for grid modernization and the utilization of nuclear energy. The conversation explores the roles of both the public and private sectors in driving innovation and ensuring energy affordability. Porat discusses Google's initiatives in energy affordability, demand response, and AI-driven efficiency improvements. The discussion also touches on the role of AI in job creation and the need for job skilling programs to prepare the workforce for the changing landscape. She highlights Google's efforts in training electricians and partnering with unions to address the labor shortage in skilled trades. The importance of national security and the role of energy infrastructure in supporting economic strength are also discussed. Porat emphasizes the need for long-term thinking and strategic capital allocation to foster innovation.