1 00:00:00,040 --> 00:00:02,640 Speaker 1: Another chapter in the evolving AI story. We've got new 2 00:00:02,640 --> 00:00:06,880 Speaker 1: research that suggests E waste could increase a thousand times 3 00:00:07,080 --> 00:00:09,560 Speaker 1: in five years. This is a study from Nature Computational 4 00:00:09,600 --> 00:00:13,400 Speaker 1: Science blames AI. Hardware becomes increasingly worthless, creating as many 5 00:00:13,400 --> 00:00:16,239 Speaker 1: as five million tons of the stuff. Ecotechnology is a 6 00:00:16,280 --> 00:00:19,520 Speaker 1: key we E waste recycle firm. It's Bossus, Patrick Moyner 7 00:00:19,520 --> 00:00:23,320 Speaker 1: And as with US MONE, good morning, Mike, no worries 8 00:00:23,360 --> 00:00:25,759 Speaker 1: at all the numbers they talk of a thousand times 9 00:00:25,800 --> 00:00:28,600 Speaker 1: increase AI. Do any of this? Does any of this 10 00:00:28,720 --> 00:00:30,080 Speaker 1: sound real or accurate? 11 00:00:31,560 --> 00:00:35,760 Speaker 2: There's a few parts of us, Mike. So general electronic 12 00:00:35,840 --> 00:00:39,519 Speaker 2: waste now that's growing at sort of twelve thirteen percent 13 00:00:39,600 --> 00:00:46,160 Speaker 2: aggregated compounding growth per year. But to do with generative AI, 14 00:00:46,840 --> 00:00:49,879 Speaker 2: potentially that has the opportunity to grow by a thousand times. 15 00:00:49,920 --> 00:00:51,720 Speaker 1: And what are we if they're right, what are we 16 00:00:51,760 --> 00:00:52,559 Speaker 1: going to do about that? 17 00:00:55,360 --> 00:01:00,040 Speaker 2: Well, businesses like ours, like Echo geared up to be 18 00:01:00,080 --> 00:01:06,039 Speaker 2: able to receive, process and recycle or find the partners 19 00:01:06,280 --> 00:01:09,160 Speaker 2: to recycle and recover this kind of material. But it is, 20 00:01:09,520 --> 00:01:13,800 Speaker 2: it is growing at an absolute greater not would. 21 00:01:13,640 --> 00:01:16,880 Speaker 1: You at the stage describe the industry as being able 22 00:01:16,920 --> 00:01:18,960 Speaker 1: to deal with what you deal with, and therefore you'll 23 00:01:19,000 --> 00:01:20,200 Speaker 1: be able to scale up or not. 24 00:01:22,080 --> 00:01:26,040 Speaker 2: Internationally. There's a number of businesses that have fit their 25 00:01:26,160 --> 00:01:30,800 Speaker 2: model to kind of meet the demand of this kind 26 00:01:30,840 --> 00:01:34,480 Speaker 2: of material. But you're dealing with these absolute juggernauts of 27 00:01:34,880 --> 00:01:39,920 Speaker 2: businesses like Nevada. They just as of yesterday became the 28 00:01:39,920 --> 00:01:45,080 Speaker 2: most valuable business in the world. So it's people can 29 00:01:45,200 --> 00:01:47,280 Speaker 2: deal with it, but it's it is a little bit 30 00:01:47,319 --> 00:01:50,520 Speaker 2: of a hand in glove situation, and so kind of 31 00:01:50,560 --> 00:01:53,960 Speaker 2: continue to fight the battle and figure out how to 32 00:01:54,000 --> 00:01:55,480 Speaker 2: process this kind of material, what. 33 00:01:55,520 --> 00:01:58,720 Speaker 1: Sort of model these commercial models? In other words, you 34 00:01:58,760 --> 00:02:00,760 Speaker 1: can make money out of doing this or does it 35 00:02:00,880 --> 00:02:01,920 Speaker 1: need to be subsidized? 36 00:02:03,040 --> 00:02:09,600 Speaker 2: This in particular to do with generative artificial and intelligence 37 00:02:09,639 --> 00:02:15,240 Speaker 2: and can't even say AI is a higher value material. 38 00:02:15,320 --> 00:02:19,400 Speaker 2: So it's graphics processes, CPUs, power supplies and things. So 39 00:02:19,840 --> 00:02:24,919 Speaker 2: there is money money from the material, but generally waste, 40 00:02:24,919 --> 00:02:30,120 Speaker 2: television's appliances, that sort of thing. It's usually a cost 41 00:02:30,560 --> 00:02:31,280 Speaker 2: to the consumer. 42 00:02:31,440 --> 00:02:35,400 Speaker 1: All right. Patrick appreciated Patrick Moyner and Echo technology. See 43 00:02:35,440 --> 00:02:38,320 Speaker 1: for more from the Mic Asking Breakfast listen live to 44 00:02:38,440 --> 00:02:41,520 Speaker 1: news talks that'd be from six am weekdays, or follow 45 00:02:41,560 --> 00:02:43,120 Speaker 1: the podcast on iHeartRadio.