Regardless, the raw economics of the AI data center boom are horrendous. Even in the best-case scenario, with guaranteed tenancy for years, these data centers are so debt-dependent and drenched in depreciation, opex, and maintenance that even the most meager margins are hard to attain.
I’m sad that none of our local media seem to be addressing the actual viability (🔒) of this new “AI factory” data centre in Southland. There’s at least some addressing on concerns about water (and perhaps electricity, although if we did sensible things in our energy usage that could go away; but we need a better government than the current one for that) – media seem to just accept that it’s a good idea financially, whereas the evidence doesn’t really back that up.