What will we get out of the AI boom? The data suggests lots of noisy, energy-hungry datacentres and not much else

The AI boom is driving investment in noisy, energy-intensive datacentres, but this is not translating into improved living standards or significant economic growth in Australia. Much of the investment involves importing computer equipment, with profits flowing overseas, limiting local economic benefits. Recent construction data shows a decline in overall activity, suggesting limited positive impact on GDP growth from datacentre construction.