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What fraction of Irish GDP is linked to datacenters? If I remember correctly from the pre-AI world, datacenters were at the heart of Dublin's industrial strateg
by JumpCrisscross 4mo ago
What fraction of Irish GDP is linked to datacenters? If I remember correctly from the pre-AI world, datacenters were at the heart of Dublin's industrial strategy, and they were credibly linked to a double-digit fraction of production.
- stuaxo 4mo agoIrelands big pull to these companies is to not tax them as much as other countries.
- dboreham 4mo agoThat said, once built and lit up, it's hard to move a data center to another country.
- deleted 4mo ago[deleted]
- dilyevsky 4mo agoLike 90%+ cost of a dc is actual computers which are pretty shippable
- jamesfinlayson 4mo agoYep, seen a data-centre move happen at work (from a distance - I wasn't effected). For a business with cross-data centre redundancy and no allowable down-time for core business, it was at least a year-long project I think. All for a data-centre in the same city.
- dilyevsky 4mo agoA year isnt very long considering sums involved here. At a certain hyperscaler a full dc build out took 2-3 years but we heard that aws did that in a year all in. And also musk proved you can do it literally over holiday break but you don’t have to go that extreme - just dont let cya pmcs do it
- henry2023 4mo agoEven in the hypothetical that datacenters would double Ireland’s GDP what real positive impact would it have if they pay zero taxes?
- phs318u 4mo agoDid you mean hypothesis?
- henry2023 4mo agoI meant hypothetical, thanks for pointing it out.
- a_paddy 4mo agoThey do pay tax, 12.5%. Plus employment during construction and maintenance. There's also ancillary investment in national infrastructure such as Google's CO2 battery
- hunterpayne 4mo agoThe rest of Europe sued Ireland to get them to stop being a tax haven. Ireland basically refuses to do so. If they did, most of their economy evaporates overnight (and the US government gets a lot more tax revenue). Ireland's economy is basically 2 tax shelters in a trench coat.