What if it doesnt pop and what we are seeing is the foundation for the dystopian society? Data centers being built will be used to monitor everyone in real time, connected to Ai of course so humans are not needed to watch it.

I think this is exactly what is happening. There is a huge financial incentive to build that world where humans no longer are needed. Thats why I think this is not a bubble, it just looks like it.

In the future, they will ask, how come people didnt stop the building of data centers for all of that dystopian stuff. Well, this is why. Its being sold as an improvement for human productivity, when its really about automation and removing the need for many humans to be part of the loop at all.