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 has left many in the tech and finance sectors taken aback. This unexpected shift in public opinion has left politicians and businesspeople scrambling to adapt to the new reality. While politicians have responded swiftly, business leaders have been slower to adjust.
In June, Governor JB Pritzker of Illinois suspended state tax breaks for data centers that had been in place since 2020. This move aimed to curb further data center growth and provide time for Springfield to develop comprehensive regulations for the industry. Pritzker's decision was based on the belief that the state could save nearly $1 billion in taxes by curbing the development of these facilities.
Meanwhile, other states are taking more drastic measures, such as clawing back tax breaks already granted to data center developers, according to The Wall Street Journal. The question remains: how will the industry respond to these mounting pressures and shifting political 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.
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