R-E-S-P-E-C-T is the only way for AI advocates to deal with data center haters
The rapid backlash to data centers and artificial intelligence has taken many in the tech and finance worlds by surprise. Understandable. Only a few short years ago, states and municipalities were competing with each other to lure data center developers, dangling tax incentives for projects they thought would create jobs and generate tax revenue. The sudden reversal in public opinion has…
The sudden backlash against data centers and artificial intelligence (AI) has caught many in the tech and finance sectors off guard. Just a few years ago, states and municipalities were rushing to attract data center developers with tax incentives, believing these projects would create jobs and generate revenue. However, the tide has turned quickly, leaving politicians and businesspeople scrambling to adjust to the new political reality.
In June, Illinois Governor JB Pritzker announced that he would suspend state tax breaks for data centers that had been in place since 2020. He aimed to slow the growth of the industry and give Springfield time to create comprehensive regulations for data centers. Pritzker's move comes as other states are taking even more drastic measures, such as clawing back tax breaks already given to developers, according to The Wall Street Journal.
As a result, industry representatives are facing a challenging situation. They must navigate this backlash while still trying to promote the benefits of data centers and AI technologies. The rapid shift in public opinion has left both politicians and businesspeople needing to adapt quickly to this new landscape.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
