So what we've got is a search engine that's almost as good as Google used to be (not as good because sometimes it just hallucinates the results) while using a hell of a lot more energy than normal Google search does. Luckily, there are search engines out there that are as good as Google used to be without all the ads, and are not using so much energy to do it. So what exactly is the point of a substandard search engine that uses far too much energy?
I use perplexity, which uses many of the major models. YMMV.
For me, there is a huge time savings for most of my searches. There was a winner of a chocolate chip cookie contest recently who basically gathered all the cookie recipes they could find, and then took the average of all the ingredients, cooking times, etc. It took them a while and involved a spreadsheet and manual data entry. But apparently it was worth the effort and made for a good cookie. Generative AI can do that in seconds, and for all kinds of topics. What dimensions should I use to build a Carolina Wren birdhouse? Paid search gives the direct answer, with links to the references in case I want to check them. It is a huge time saver for everyday tasks where exact precision isn't necessary.
It can also easily create tables comparing products when I'm looking to buy something. Obviously it is just pulling from the marketing copy and specifications, and the data is only good as what is posted ("this product offers superior xxx compared to yyy", even if that is just a marketing claim), but that's the same data I would be trolling through and trying to make my own comparison. Burning a nickel or dime worth of electricity per query doesn't really concern me, my time is valuable and a product which does more than just indexing websites and listing the most relevant ones is worthwhile. Most of the time I just want the answer, not a list of places where I might or might not find the answer.
There are many residential great pump units that can operate well down to deep subzero f temperatures. Backup electric resistance heat for truly extreme events is very cheap.
I've designed many all electric whole house heat pump systems in Maine. It's not necessarily a big upcharge in New construction. It can be harder in retrofit if existing ducting is not adequate, and air to water for hydronic systems is currently still a more significant upcharge.
Maine is a very unique case in the US. Electricity costs are high, but other fuels are also expensive because heating fuels are generally delivered to each residence by truck, not pipeline. In huge areas of the US, natural gas is stupidly cheap. In my city, even the most efficient heat pumps would be 2x the operating cost of a natural gas furnace. The article is specifically about the UK, electricity in the UK costs 2-3 times more than the US average. They've also had recent supply shocks for both natural gas and electricity which saw prices skyrocket. People there may be looking at their already high electric bills and choosing to go with what may be the cheaper option for both the short and medium-term.
Just to point out the obvious, 86% of US families does not mean 86% of applicants or 86% of admittees(sic).
Also worth pointing out, that statistic doesn't matter one iota. Tuition was not free for that same group before, so they were discouraged from applying. And regardless of the fraction this would help, it is nonetheless a step in a good direction, no? Shouldn't this be immediately applauded, and we can bitch about the cutoff and details later?
I think there is not much change here other than formalizing policies which were already in place. It's common knowledge among guidance counselors and those considering college that the top schools provide enough financial assistance so that anyone with the grades can afford it. Harvard may not have been communicating that clearly, but it has been the case for decades. The transparency is a good step though.
Did the account holder at least get to keep the interest? At 0.5%, that's about US$46,000 per hour.
Even if banks paid interest on such a short time period, that would be the equivalent of taking back the ice cream but letting the accountholder keep the sprinkles. They wouldn't be able to keep the interest.
"Irrigation of the land with sewater desalinated by fusion power is ancient. It's called 'rain'." -- Michael McClary, in alt.fusion