These days there always seems to be panic regardless. I find it better to look at the merits of individual claims rather than try to group everything together into a binary answer like a possible conspiracy on one thing means nothing else needs to be considered.
Zoning, grid strain (->pricing), and chip strain (->pricing) seem to be pretty legit most of the time I look into them. Noise seems to have a lot of "they opened a 5G tower in the town and now I get nightmares" type panic but also some legitimate problems which, ultimately, relate to zoning. I try to reserve NIMBY for "things I want in someone's back yard, just not mine". The reality is data centers don't fit that because there is no reason they need to be in anyone's back yard. They are perfectly happy to be built in the middle of other industry/commercial blocks or even in the middle of nowhere.
I think if the grid had been better prepared for massive demand growth with cleaner sources than before and things came in slow enough that zoning didn't feel rushed people wouldn't really make as much of a stink around it. Unfortunately, the US spent many years with flat grid demand and companies want to cram these DCs in as fast as possible because their demand was for last year already.
For some large factor, it's also a reason to really hate on AI. Which there may well be valid reasons for, I just also wonder how many of these people actually care about the environment and how many are just saying it because it's another con to list. I say this as someone who has traditionally voted for environmentally conscious options/representatives - my previously existing circle doesn't spend that much time talking about AI compared to other causes.