People want to do all kinds of idiotic things which make no sense. We've had excess compute/gpu since 2010. People didn't know what do with all that excess and started bitcoin and tens of thousands of crypto, followed by NFT. The claim was crypto will solve all problems, which hasn't happened. Now, everyone moved on to AI, AI will do this, that and everything else and also take away all your white collar and creative jobs.
Even third world countries like India which can't provide basic services to their citizens, have no water, no power, no sanitation or cleanliness are giving hundreds of billions of dollars in incentives (land, power, water, tax subsidies) to hyperscalers, to create at most 2.6 jobs. Google clearing land to build India's largest data centre: https://www.youtube.com/watch?v=dBJPf6Pxfvs
> The UK has even higher energy costs and people seem to want to build data centers here? (Or at least they say they do - looks more like land speculation to me):
There is no meaning to what politicians and crony capitalists do. It is all lies, theft and grift.
The island where residents fight data centres for water: https://www.youtube.com/watch?v=WuToaVyWmL4