Roughly 5% of energy in the US is dedicated towards AI datacenters. The current usage will double to 70–90 TWh/year by 2026-2027. For software heavy tech businesses it makes sense to host your own AI data center so that you could train it on your codebase and have developers build faster. Not sure if this benefits humanity that much..
Will it? Google originally started trying to sell search servers you'd install on site. And on prem (even on your cloud) is not a model any of the big boys will want to follow.
We're yet to see if it's going to be a winner takes all market or whether there will end up a Linux equivalent pop up that destroys all the investment from the big players because programmers are too tight to pay for software.
Is Argentina a net positive for our society? There's the grilled beef, but every country has some kind of barbecue. There's a few soccer players I guess? Is Argentina worth the energy expenditure though?
But I don't hear anyone worried about the massive power consumption without a clear indication if this is a net positive for our society.