
The digital economy’s environmental footprint is threatening the planet
Modern society has given significant attention to the promises of the digital economy over the past decade. But it has given little attention to its negative environmental footprint.
Our smartphones rely on rare earth metals, and cloud computing, data centres, artificial intelligence and cryptocurrencies consume large amounts of electricity, often sourced from coal-fired power plants.
These are crucial blind spots we must address if we hope to capture the full potential of the digital economy. Without urgent system-wide actions, the digital economy and green economy will be incompatible with each other and could lead to more greenhouse gas emissions, accelerate climate change and pose great threats to humanity.