When will Australia see the benefits of the AI and datacentre boom? So far, all we’ve seen is the possibility of changes to copyright that would hurt Australian creatives , special rules about power and water use, and the threat of mass displacement or replacement of workers, with the trade-off being a mere 10% chance of human extinction .

Now add the Reserve Bank’s assessment this week that datacentres were part of growing “inflationary pressures” when lifting interest rates to an 18-year high .

Warnings about looming negatives have been coming for months , but even the RBA has no idea when to expect the positives.…