Pausing Data Centers Is Wrong For NY (From Crain’s New York Business)

New York is a great state that, throughout its history, has immensely prospered by taking sensible risks.

Today, though, New York risks becoming a second-tier state as the AI revolution, and its promises of vast medical and other advances, unfold. New York will solidify that standing by enacting a proposed three-year moratorium on data center construction in the state.

The state will forfeit tens of thousands of highly skilled, good-paying jobs; place itself further behind other states in tech leadership; and make it less likely that it will obtain much, if any, of the hundreds of billions of annual economic investments being made in these data centers nationwide.

While five other states are kicking around similar data center moratorium proposals, New York’s has the most traction.

Paul Steidler discusses this in Crain’s New York Business here.