> in the long term

being the key phrase. Until we get to that long term, the less price sensitve buyer can buy up all available goods.

for example, all of the gas turbines needed to generate electricity.

so it is impossible to invest in capacity for non-datacenter uses, because the raw ingredients have already been bought up by the data centers.

effectively, at current rate of investment, > 90% of investment into new power generation goes to data centers. That doesn't leave much for any kind of other economic growth, since all of our economic growth depends on electricity.