To be fair, I could be wrong, we could all be wrong, we don't know what we don't know. On the other hand, I do think they should come up with a better plan than just trying to retrofit them everywhere they can find. I do think some states make more sense than others.
We will know once it all unfolds, on the other hand, at least there's people who are getting paid to build these.
Worse case, we have acccess to (hopefully) really well-built data centers that can be used for anything hosting related in the future.
I'm hoping the "worst case" you state becomes real, because that would be a great case! Blogged it here:
After "AI": Anticipating a post-LLM science & technology revolution
https://www.evalapply.org/posts/after-ai/index.html
I, for one, welcome the coming age of the post-LLM-datacenter-overinvestment-bust-fueled backyard GPU supercomputer revolution.
(edit: in which case, I'd say more people would get paid to build more of these, except not as obnoxious township-destroying behemoths ... the community library, as opposed to the giant book seller in the cloud)
(edit 2: And I'd go as far as to say that it is anti-employment-generation to allocate economy-scale capital to a very small number of very large scale industrial installations... You wanna incentivize a large number of small-to-medium ones instead, that employ locally in many many more places. That is how you win back industrial capacity.)