[edited for name typo]
Here is Prof Richard Murphy’s latest post in taxresearch dot org dot UK.
His ‘musings’ are not frivoloius and they are worth taking note of. Here, he agrees with Paul Krugman on the #AIBubble and its #DataCenterBoom with an intertesting note on #Software.

“His [Paul Krugman] concern, and I think it was a reasonable one, was that there is no evidence at all that what is now happening as a result of the current AI boom will create anything of lasting value. We do not know whether the hardware being built in the form of data centres will prove sustainable. Already, 20% of all electricity in Ireland is being used to power data centres. This makes no sense, and replication on this scale appears impossible.

Likewise, when we look at the software and related IT, the potential rate of advance in technology in this sector is so great, if it lives up to its promise, that everything being created now will be of little use in only two or three years' time.”

Read more here
https://www.taxresearch.org.uk/Blog/2026/05/24/should-we-live-in-fear-of-ai/

##GenAI #AISlop #DataCenterEnergyConsumption #DataCenterWaterConsumption #Economics #FinancialBubble

Should we live in fear of AI?

I enjoyed yesterday. I took the day very slowly. Jacqueline and I went to the Welney Wetland and Wildlife Trust reserve, a frequent destination for us, and took a walk around the south end of the extensive reserve. We met just one other person when doing so. It was intensely...

Funding the Future

"The #artificialIntelligence industry’s #dataCenterBoom is the latest chapter in a long history of #environmentalRacism and resource exploitation in vulnerable Native communities, says Oglala Lakota and Northern Cheyenne activist Krystal Two Bulls, the executive director of Honor the Earth, an #Indigenous -led #environmentalJustice organization that is tracking over 100 proposed data center projects on tribal and rural lands."

https://www.democracynow.org/2026/4/22/krystal_twobulls_indigenous_lands_data_centers
#AI #tech #dataCenters #NativeAmericans

“Data Colonialism”: Native Communities Fight AI Data Centers on Indigenous Land

The artificial intelligence industry’s data center boom is the latest chapter in a long history of environmental racism and resource exploitation in vulnerable Native communities, says Oglala Lakota and Northern Cheyenne activist Krystal Two Bulls, the executive director of Honor the Earth, an Indigenous-led environmental justice organization that is tracking over 100 proposed data center projects on tribal and rural lands. We speak to Two Bulls about the myriad impacts of what she calls a “modern-day iteration” of “settler colonialism,” including noise pollution, cancers and respiratory illnesses, water depletion, energy grid overload and even “ecological collapse.” As tech companies set their sights on Indigenous lands, Two Bulls says, “We’re always the one that ends up having to sacrifice our relationship to land, air, water, our communities and our nonhuman relatives.”

Democracy Now!
Senators want US energy information agency to monitor data center electricity usage https://arstechni.ca/XMCZ #EnergyInformationAdministration #Datacenterboom #datacenters #Policy #AI
Senators want US energy information agency to monitor data center electricity usage

In a letter, senators press for mandated annual electricity disclosure for data centers.

Ars Technica

💼 Il mercato degli edge data center è un gigante da oltre 50 miliardi di dollari - un terreno fertile per l'innovazione! #EdgeComputing #DataCenterBoom

🔗 https://www.tomshw.it/business/edge-data-center-mercato-oltre-i-50-miliardi-2026-02-09

Il mercato edge data center vale più di 50 miliardi

Il report MarketsandMarkets prevede il raddoppio del settore grazie a 5G, AI e applicazioni a bassa latenza che spostano il calcolo vicino agli utenti.

Tom's Hardware
U.S. Leads Global Data Center Growth Surge

The U.S. is set to dominate the global data center landscape, but can the power grid handle the surge?

IEEE Spectrum

Oracle Surges as AI Cloud Demand Skyrockets

Oracle projects over 70% growth in cloud infrastructure sales this year, riding the AI boom while rivals struggle with capacity. Its Stargate deal with OpenAI and $25B in data center investments position Oracle as a key player in powering AI globally.

#Oracle #AIInfrastructure #CloudComputing #OpenAI #TechNews #DatacenterBoom #SafraCatz #LarryEllison #AIrevolution #Stargate #TechStocks #AI2025

Read Full Article Here :- https://www.techi.com/oracle-ai-cloud-infrastructure-growth-stargate-openai/