A skeptical take that the AI and data center boom is a hype-driven scam, bad news for investors piling into the trend.

• The claim is that data centers and AI are being sold like a scam, pumped up to pull in money.
• The pitch works by dangling AI as an "existential" force — a god-like tech that will remake the whole economy.
• That fear-and-awe marketing is compared to old diamond ads that made people pay up for something whose value was mostly a story.
• The doubt is grounded in decades of unmet promises — robots and "the future" hyped since the Jetsons but never really delivered.

Outlook: Expect more pushback questioning whether the AI and data center spending boom is worth the money pouring in.