Sustainability in Emerging Technologies: A Focus on Blockchain, AI

Author: Abigael Bada
Date Published: 10 November 2023
Related: Emerging Technology Resources

As the need for sustainable culture intensifies, organizations worldwide face increased pressure to reduce their carbon footprint and reliance on non-renewable energy sources. It is therefore crucial for all sectors to adapt to more sustainable practices. This blog post explores the importance of sustainability in emerging technologies, with a focus on blockchain and artificial intelligence (AI), and their significance for the ISACA community.

Environmental Impact of Blockchain and AI

Blockchain, as the underlying technology for cryptocurrencies and numerous decentralized applications, has attracted attention for its energy consumption. The Cambridge Bitcoin Electricity Consumption Index estimated the annual energy usage of the Bitcoin network to be 124.60 terawatt-hours (TWh), which accounts for over 50% of the global data centre electricity usage. The carbon footprint of Bitcoin alone is equivalent to that of a small country like Hungary.

Artificial intelligence, specifically deep learning models, is another technology that has raised concerns about sustainability. Training deep neural networks requires massive computational power and large datasets, leading to substantial energy consumption. The carbon footprint of training a single AI model can be significant. As AI adoption continues to grow, it is essential to address its energy efficiency and environmental impact.

Examples of how this can be achieved include:

  1. Energy-Efficient Hardware: Implementing energy-efficient hardware for AI training can make a substantial difference in reducing computational power. If GPUs and custom AI accelerators are designed to be more energy-efficient, it inherently contributes to sustainable adoption of technology, which would influence stakeholders on environmental considerations throughout the product lifecycle. ISACA and other industry groups can partner with policymakers to ensure a supportive regulatory environment for environmentally responsible hardware manufacture and use.
  1. Optimizing Model Architecture: Developing energy-efficient architecture that can achieve similar or even better performance can significantly reduce the energy required for training. ISACA’s role in digital trust in this context may include collaborative research efforts with relevant institutions and technology companies to drive more sustainable AI and machine learning techniques. This can lead to a practical case studies repository to tailor the development of sustainable AI best practices. These guidelines would emphasize the importance of energy-efficient model architectures and other factors like hardware choices and data center infrastructure. 
  2. Training and Certifications: Training and certifying professionals on sustainable AI practices will ensure that professionals in the field are well-versed in not only the technical aspects of AI but also the environmental considerations. ISACA can foster digital trust byoffering certifications and training programs to assess professionals’ competencies in addressing sustainability concerns.

The Need for Sustainable Technologies

With the growing emphasis on sustainable practices and the detrimental impact of information and communication technologies (ICT) on the environment, there is a pressing need to address the energy consumption of blockchain and AI technologies. Blockchain’s versatility has led to its adoption in various use cases, but the energy inefficiency remains a concern. Simultaneously, AI’s potential for innovation is undeniable, but its environmental cost cannot be ignored.

ISACA's Role in Promoting Sustainability

ISACA, as an international professional association focused on IT governance, risk management and cybersecurity, plays a crucial role in promoting sustainability in emerging technologies like blockchain and AI. By acknowledging the significance of sustainability, ISACA can guide organizations in making informed decisions regarding technology adoption and its impact on the environment.

ISACA’s expertise in IT governance and risk management positions is a valuable resource for organizations looking to navigate the complexities of technology adoption in a sustainable manner. By offering guidance, best practices and frameworks that consider the environmental impact of emerging technologies like blockchain and AI, ISACA can help organizations make responsible decisions. ISACA, through practical steps and advocacy for sustainable adoption of technology, further contributes to a sustainable future.

The Future of Sustainability in Technology

Sustainability in emerging technologies like blockchain and AI is no longer an option—it is a necessity. The environmental impact of these technologies, particularly their energy consumption, cannot be ignored. ISACA’s role in promoting sustainability and providing guidance on responsible technology adoption is crucial in mitigating the environmental consequences of these innovative technologies.

Through sustainable frameworks and advocacy for ecofriendly practices, organizations can navigate the challenges of technology adoption in an environmentally conscious manner, ensuring a more sustainable future for all. The significance of ISACA’s involvement in promoting sustainable technology practices cannot be understated as we work toward a greener, more environmentally friendly digital future.

About the author: Abigael Okikijesu Bada is a Certified Information Systems Auditor (CISA) and a dedicated green technopreneur. As a proactive member of the ISACA London Chapter Board, Abigael brings a wealth of expertise in information systems auditing and a passion for sustainable technology solutions. Her commitment to driving positive change in the intersection of technology and environmental responsibility makes her a valuable asset to both the ISACA community and the broader tech industry.

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