While I AM a believer in it, I don't find Bloomberg's articles on it any more trustworthy than hobbiest "moon" posts.
They don't seem to report on anything that hasn't been mentioned many times before. It's all a bit fluffy for my liking.
My guess is Michael Bloomberg is bullish on Ethereum, hence the knocking of PoW in this article.
That said, I do think the core devs will eventually solve it, which I fully support. We have BTC and ETH 1.0 today and that in itself is amazing. I just don't think it will happen as quickly as everyone hopes it will. It can't. There is just too much ever increasing value on the line pushing on both ends of the demand spectrum.
Dan Held has a good thread on power usage:
https://twitter.com/danheld/status/1351235080103096331
Disclosure: I am very large scale eth pow miner that consumes excess hydropower.
ETH is not transitioning because they don't want to transition. As you are a miner making money do you want to have your entire business model turned off?