EDIT: As a small anecdotal point, any new human activity that is measured in GW of power consumption is not a drop in the ocean. Admitted, some of these data centers projects are "only" in the 100s MW scale, but all of this combined is increasing electricity consumption by a vast amount overall.
So, yeah, that's a lot.
Also, there are at least a few data centers popping up around me (11 GW Fermi, > 1 GW Crusoe). I live in a desert, and water is scarce, and what's used is mostly non-renewable (pumped from an aquifer), and these data centers evaporate water at an alarming rate.
So... yeah, that's pretty significant... much more so locally than globally, but globally, too.
Global electricity consumption is up about 600% since 1970. So, that 2027 projection of 3% of global in 2027 is equivalent to about 20% of all electricity consumed in 1970. A fair amount, for sure.
IDK if it's worth 3% of global electricity consumption. I know I'd be happy to spend that percentage of my own home's electricity on it, for what it does for me, and I think the world would be better for it. The alternative is accomplishing far less... easily halving my productive output (10x is my honest estimation of productivity boost from AI). I do not believe in the value of my labor, I believe in the value of the product thereof. So, IDK... hopefully it's not a zero sum game, and AI (or motivated people with AI) can help it all pan out.
Our society is currently headed in the first scenario, building ever more useless shit and accelerating environmental collapse, pretending CO2 capture, AI, unlimited energy storage, agro-bots, desalination and on-site recycling of complex materials will magically keep life sustainable despite any scientific evidence showing otherwise.