AI and the hidden climate cost of ‘dark data’
Training and fine-tuning AI models requires troves of data, but storing and processing that data is financially and environmentally costly. Here are three ways to address the problem....
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José Parra Moyano is Professor of Digital Strategy. He focuses on the management and economics of data and privacy and how firms can create sustainable value in the digital economy. An award-winning teacher, he also founded his own successful startup, was appointed to the World Economic Forum’s Global Shapers Community of young people driving change, and was named on the Forbes ‘30 under 30’ list of outstanding young entrepreneurs in Switzerland. At IMD, he teaches in a variety of programs, such as the MBA and Strategic Finance programs, on the topic of AI, strategy, and Innovation.
April 22, 2024 • by José Parra Moyano, Christine Legner, Konrad Schulte in Artificial Intelligence • 6 min read
Training and fine-tuning AI models requires troves of data, but storing and processing that data is financially and environmentally costly. Here are three ways to address the problem....
March 11, 2024 • by José Parra Moyano in Finance • 6 min read
As the bellwether digital coin reaches a record high of $69,000, why a spring event known as “the halving” is expected to propel prices higher still in the broader crypto universe....
February 23, 2024 • by José Parra Moyano, Karl Schmedders in Finance • 7 min read
A long-term flaw in Bitcoin technology threatens the long-term viability of digital currencies....
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