待翻譯：The Sequence Opinion- Issue 918: The Energy Scaling Laws of AI

AI 服務暫時不可用，以下為來源正文，待恢復後補全翻譯。

AI does not run in the cloud. It runs in substations, cooling loops, transmission networks, and power plants. The next scaling law is not only about parameters, but about how efficiently civilization can convert photons and atoms into useful intelligence. This essay will help you to understand the different forms of energy influencing the next wave of AI scaling. Open a modern AI application and the experience feels almost weightless. A cursor blinks. A prompt disappears. Seconds later, a page of reasoning materializes. The interface says software. The physics says factory. Behind that answer, accelerators switch billions of transistors, memory systems move tensors, pumps circulate coolant, transformers reshape voltage, and generators turn motion, sunlight, or nuclear reactions into electrons. Nearly every joule entering the cluster eventually leaves as heat. The cloud has a power cord. Read more