What would you say are your biggest threats?
Power seems to the big one, especially when the AI power and electric vehicle demand will drive up kWh prices.
Networking seems another one. I'm out of the loop, but it seems to me like the internet is still stuck at 2010 network capacity concepts like "10Gb". If networking had progressed as compute power has (e.g. NVMe disks can provide 25GB/s), 100Gb would be the default server interface? And the ISP uplink would be measured in terabits?
How is the diversity in datacenter providers? In my area, several datacenters were acquired and my instinct would be that: the "move to cloud" has lost smaller providers a lot of customers, and the industry consolidation has given suppliers more power in both controlling the offering and the pricing. Is it a free market with plenty of competitive pricing, or is it edging towards enshittification?