It's a bubble, act accordingly.
The churn rate and flawed nature of AI means these projects are money pits for mugs to chuck their cash into. Those building datacentres need to get the small print right to bank cash, and make sure they get it up front, because when their clients go TU, they won't be paying any bills. Do not spend a single dollar that is not already securely in your clammy grasp.
Wiser bitbarners can offer classic datacentres, banning AI-centric projects and choosing their customers wisely, so they will still be up and running and paying their bills when the bubble bursts. They will also have a slower churn rate for tech and can offer much lower prices at a time when that matters.
Sensible companies should buy in dirt cheap high capacity drives and run Linux or Windows LTSC on their own servers, prioritise their security, block AI and its risks, and avoid the Cloud, SaaS and overly complex reliance on tech.
Starmer might want to switch his energy priorities away from datacentres to residential aircon. The UK does not have this and will need it, or the mini heatwaves it now gets will lead to deaths rather than sleepless nights. Labour were so insular in their view that they assumed, with the Tories well beaten, they could just roll out standard policies, ignoring the damage Brexit had done and the threat of Reform. Long Brexit means that governments will be firefighting in the UK for the next generation, not operating business as usual policies. They believed their own propagnda, that Brexit was a mini policy bump and a dead issue. But the damage has taken the UK down several leagues, cut Sterling to bits, hammered access to (migrant) labour and savaged multiple sectors, including finance and the universities. Energy prices are insane and the retail food supply is getting sketchy (outside the hame counties). Plus climate change is starting to hurt people. In short, Labour were naive and incompetent. They have flushed every ounce of goodwill that they had, and opened the door to Reform when they should have prioritised closing it. Mostly due to a lack of talent and complete disconnect from what people are suffering.