Uplifting everyone ensures that we'll be that much more likely to find the next Mozart or Tesla or Torvalds or whoever, if we give them a chance.
But yes, better to acknowledge how capital can be better utilized. You can probably give away free school lunches for an entire generation of children with that $10 billion in Louisiana, or you can give it to Zuckerberg to get slightly richer.
Becomes abundantly clear which one is better for societal advancement.
The annual cost of the National School Lunch Program is $18B, so, no.
Definitely a waste of capital and a mismanagement of funds if we continue to allow companies like Meta to make these types of projects when you yourself say that these projects are definitely within reach of feasibility and costs.
From another perspective, compared to a coal mine or a paint factory or a steelworks or an airport or a landfill or an oil refinery, data centres are safe, low-pollution, low-noise, low-odour, and low-traffic. By the standards of industrial areas, they're great neighbours.