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by kube-system 6 days ago
Then the local utility companies have to undertake giant projects to keep up with demand. They issue many millions in bonds. Also, all of the construction trucks tear up the local roads. The local municipality has to allocate a bunch of money to fix the roads.

Then, next year, the AI bubble pops, and most of those data centers shutter their doors and stop contributing tax revenue.

Now you have the same $20k per capita income, but many millions more in debt!