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by erentz
20 days ago
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> There IS value being created, or people wouldn't use the tools. But for who and where is it realized? Ireland’s massive data centers aren’t there to serve Ireland’s tiny population. The value is exported overseas and profits realized overseas. So what really matters for Ireland (and any country/region hosting these data centers) is whether the benefits in terms of capital spending + the few ongoing jobs created outweighs any increased electricity and environmental costs faced by everyone else. |
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Exactly, which is WHY IDA Ireland and Enterprise Ireland have been a data center first policy in Ireland since the mid-2000s.
Heck, the only reason Microsoft and Google ended up in Dublin was because the IDA clubbed employment creation with data center construction in the 2000s.
Ireland in the 1990s and 2000s was roughly comparable to Greece developmentally back then and also suffered a Greek style economic meltdown from 2008-13. The only reason Ireland didn't stagnate like Greece was because of how business and tech FDI friendly Ireland was.