I dont believe the memory, both ram and storage combine, are what's causing data centres to gobble up power and associated resources (electricity, cooling,...).
Its the GPUs.
I'm not counting on a future with LLMs by any means, but there's tons of efficiencies we can do to make the cost go down. Were just not doing it.
We saw the same thing with crypto mining. It started on GPUs but then speficially designed silicon (asyc miners) were vastly more efficient than a GPU rig.
It still needed memory yes, but again, thats not the constraint.