Originally published in DailyWealth on December 4, 2025.
In 1865, Britain worried it would run out of coal. Then more efficient steam engines made people burn even more of it.
That's the Jevons paradox, and AI is about to replay it. As AI gets cheaper to run, demand rises instead of falling, and the bill for power, chips and data centers will dwarf what anyone spends on the software itself.