> Who cares who owns the data center? The govt can send in the army and nationalise it

Do you think the government is going to react with mass nationalisation of private companies to fight wealth inequality? What would the threshold be? The top 1% owning half of everything? 70%? I share no such optimism. The wealthy already have their interests much better represented in politics than their share of votes should allow (and this is a really difficult problem to tackle!), this is only gonna get worse and any government action against rich people interests is going to be increasingly difficult to trigger and sustain.

Even if such mass nationalisation happened, why would you expect a better final outcome than every attempt at communism got (while doing the same thing): Namely, government just splitting up those spoils with their cronies?