Correct. The problem isn't just data centers or power or water, it's that left unchecked these greedy people will risk the power grid, drain rivers/reservoirs/aquifers, and destroy our natural environment (and cities) with pollution because it's more profitable than doing things the right way. I think more than anything we want responsible, friendly neighbors who are mindful of the impact they have in the areas where they operate.
They're callous, reckless, have no concern for anything but their money. And "self-funded" isn't even true, the tax breaks and negative externalities of these data centers will be paid by the people (see: xAI and Memphis.)
inb4 i'm a chinese operative because I mentioned water. Get bent, I think grass farmers in the desert should be forced to get real jobs instead of exporting our water to China/Saudi Arabia as cattle feed. And people who farm real crops should be forced to convert to less water-intensive methods or shut down.