Trump's midterm drubbing demonstrates power of data-center opponents
Opponents of data centers were among the biggest winners of the Democrats' landslide wins in the U.S. midterm elections, pointing to a shifting public mood on artificial intelligence (AI) and, investors said, a possible slowdown of the boom that has propelled U.S. economic growth and stock markets. The size and breadth of the Democratic wave were still coming into focus. But in gubernatorial…
The U.S. midterm elections saw Democrats score a significant victory, with opponents of data centers emerging as key winners. This shift in public sentiment towards artificial intelligence (AI) and data center development is seen as a possible slowdown in the booming AI sector, which has driven U.S. economic growth and stock market performance.
In gubernatorial races in Texas and Georgia, Democrats who advocated for a moratorium on data center development claimed office seats they hadn't held for decades, giving their anti-data center stance increased political clout. This "revenge" for data center opponents is expected to lead to stricter regulation, impacting financial markets where AI stocks have been falling due to concerns over spending and overcapacity.
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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