States Are Right to Compete for the Data Center Boom
Compute is the industrial base of the next economy, and the states winning it are doing what smart industrial policy has always done.
Compute is the industrial base of the next economy, and the states winning it are doing what smart industrial policy has always done.
Data center incentives hand public money and public water to trillion-dollar firms while ratepayers cover the grid bill. Communities deserve a better deal.
Taxing unrealized paper values would punish the investment that builds companies, misfire on valuation, and raise far less than promised. Europe already ran this experiment.
When the largest fortunes in history compound untouched while wages carry the tax code, a wealth tax isn't radical. It's overdue arithmetic.
Zero tuition taxes the plumber to underwrite the consultant, hides costs instead of cutting them, and crowds out the vocational paths the economy is starving for.
We decided a century ago that high school was public infrastructure. The economy moved; the promise didn't. Free public college finishes the thought.
The technology's institutional future belongs to reconciliation, collateral, and record-keeping, and that is a triumph, not a consolation prize.
Task-level benchmarks flatter the technology while firm-level statistics lag it, and policy built on either alone will misfire.
AI, blockchain, markets and enterprise technology. One concise briefing.