AI is based on massively subsidizing users’ costs. Once those subsidies end, what’s left are costs, not profits. Play that any way you like, but massive subsidies are not sustainable, though they generate a temporary illusion of viability that can be exploited by those selling a fantasy of future profitability to credulous investors and enterprises.
Left unsaid is a lot of money is being gambled on the illusion that subsidies are sustainable. They’re not. Enterprises don’t have profits, they have costs.
That graph is not accurate: it more says “some countries are bigger”, and also doesn’t count size of DCs nor how they’re cooled. BTU, square meters, and how much evaporative cooling BTUs per capita are the numbers that matter.
This graph shows none of that. Yes, America would still be way out of whack, but we can show that with an actual comparison instead of this lazy journalism.