Surf's up! Are we on the data centre wave? Garth Bray 2degrees wrap | Herald NO…

Surf's up! Are we on the data centre wave? Garth Bray 2degrees wrap | Herald NOW Business <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":0,"label":"2degrees Business Wrap Introduction","summary":"The segment introduces the topic of data centers and their growing significance in Australia's economy. It poses the question of whether Australia is riding the data center wave or will be left behind."},{"timeSeconds":10,"label":"Data Centre Growth and GDP Contribution","summary":"Data centers currently represent 2% of Australia's GDP. The pipeline for new data centers is projected to be twice the size of new office construction."},{"timeSeconds":30,"label":"Concerns Over Data Centre Growth","summary":"A report from Australia's financial review raises concerns that the rapid growth of data centers might crowd out investment in other sectors like tech and mining."},{"timeSeconds":47,"label":"Data Sovereignty and Infrastructure","summary":"The Prime Minister frames data center development as a security and sovereignty issue, highlighting the need for Australians to have their data stored locally."},{"timeSeconds":52,"label":"Navigating the Data Centre Landscape","summary":"The segment questions whether Australia is prepared to capitalize on the data center boom or if it will rely on existing infrastructure like cables across the Tasman."},{"timeSeconds":100,"label":"Partners and Closing Remarks","summary":"The segment thanks its partners, including Dilmah, and directs viewers to nzherald.co.nz for the latest news."}]} <!--/mynz:youtube-chapters-->