>Pricing that doesn't account for externalities.

Water and power are priced by third parties, if they aren't passing some cost on to datacenters thats not the fault of datacenters.

>Those who bear the consequences are not those who reap the benefits

Super broad statement that cannot be meaningfully tested. Your power goes up, but your ISP has more and better peers, your emergency services have redundant vxc's between redundant sites, your steam games are cached more locally, your data is hosted in country rather than overseas and hundreds of other little benefits. A lot of which would cause greater whinging if they suddenly evaporated.

It's not important whose fault it is, I am sure that the datacenter people believe that they got such a good deal and everything is peachy.