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Why Won't Europe Build AI Data Centers in Iceland?

mrkt30.com

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Re: Why Won't Europe Build AI Data Centers in Iceland?

#14

There are no European companies that need them so why build datacenters for American companies to profit from? We don't need to be colonised by tech bros for effectively no gain.

If you build it you can profit from it by renting out capacity. This is what SpaceX is doing, for example. If you control the hardware...

SpaceX is a grift totally dependent on the USA untrustworthy government. The actual financials don’t add up revenue, profit and loss, similar to the AI model companies yes, the insiders will win, but no one else does.

Iceland and Norway win nothing, having giant data centers within their territories the only losers will be the common people of each country like having a strip mine on your land.

What is also interesting is that the tone death city slickers from other countries, particularly the United States, think they can waive money at Icelanders and Norwegians and have them jump to a tune of greed.

Re: Why Won't Europe Build AI Data Centers in Iceland?

#15
post #5

Number one the whole island is on one of the most active faults in the world, and two why would they want to participate in such stupidity. They have been getting along very well up until this point. Why would they want to expose themselves to a mass of people who don’t give a crap about them.

Aluminum smelting is enough?

Re: Why Won't Europe Build AI Data Centers in Iceland?

#17
post #14

Earlier quoted context omitted.

If you build it you can profit from it by renting out capacity. This is what SpaceX is doing, for example. If you control the hardware...

SpaceX is a grift totally dependent on the USA untrustworthy government. The actual financials don’t add up revenue, profit and loss, similar to the AI model companies yes, the insiders will win, but no one else does. Iceland and Norway win nothing, having giant data centers within their territories the only losers will be the common people of each country like having a strip mine on your land. What is also interesti…

I've mentioned this in other threads, but a well managed data center policy from a functioning municipality can make data centers a boon rather than a nuisance. Loudoun County, Virginia (of MAE-East, AWS US-East-1, and Equinix fame) has navigated it in a way that has led to continually lowered property taxes combined with excellent well funded public services, and less downside than other industrial land uses would have. They also have noise and other regulations that mean that the data centers functionally just act like empty warehouses. They've kept up with grid capacity, so none of them rely on loud, polluting, off grid generators, and electricity and water are not noticeably more expensive than in other regions.

If Norway navigates this policy half as well as they've navigated their oil, this could be beneficial for the common people and help Europe detangle themselves from reliance on US or Chinese tech.

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