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Comment by ianm218

14 days ago

The Olympics are seen as a net negative for local economies though because it requires tons of local investment for a temporary payoff so the juice (billions of dollars of infra) isn’t worth the squeeze (a few weeks of high utilization followed by a glut).

For data centers you get a medium term boost to the economy + long term tax revenue. The externalities of data centers are quite low if you don’t put them right in someone’s neighborhood.