AI’s growing power consumption, especially in data centers, has raised concerns about its impact on the grid and decarbonization efforts. While the demand is significant, it’s not as alarming as it seems, as the U.S. will need more power for other sectors like electric vehicles and heat pumps. However, AI's rapid development creates immediate pressure on power infrastructure, and developers may move their data centers abroad, posing a national security risk. Although AI efficiency is improving, its rising usage is outpacing these gains. Despite the energy costs, AI is driving efficiencies in sectors like mining, fusion research, and utilities, suggesting that its long-term impact on energy demand could be positive.