The current data center craze is a bit easier to understand when you realize that the sentiment in this passage from https://situational-awareness.ai/ permeates Silicon Valley thinking these days:

The barriers to even trillions of dollars of datacenter buildout in the US are entirely self-made. Well-intentioned but rigid climate commitments (not just by the government, but green datacenter commitments by Microsoft, Google, Amazon, and so on) stand in the way of the obvious, fast solution. At the very least, even if we won’t do natural gas, a broad deregulatory agenda would unlock the solar/batteries/SMR/geothermal megaprojects. Permitting, utility regulation, FERC regulation of transmission lines, and NEPA environmental review makes things that should take a few years take a decade or more. We don’t have that kind of time.

We’re going to drive the AGI datacenters to the Middle East, under the thumb of brutal, capricious autocrats. I’d prefer clean energy too—but this is simply too important for US national security. We will need a new level of determination to make this happen. The power constraint can, must, and will be solved.

Hard to feel too sorry for his $35B paper loss…