While the global business ecosystem has been firmly focused on artificial intelligence and other innovative solutions, key industrial commodities have also risen to the forefront. Increasingly, awareness has been building regarding the enormous scale of resources required to feed the digitalization machinery. However, production of necessary metals and minerals is difficult to come by, potentially presenting a unique opportunity for forward-thinking investors.
Fundamentally, one only needs to consider the tremendous burden that generative AI imposes on the supply chain of core resources used in the production of power. According to the International Energy Agency (IEA), a single request on the popular large-language model (LLM) ChatGPT requires ten times more electricity than a Google search.
