The article discusses how states are aggressively offering tax incentives to attract data centers that support AI development. While proponents argue that these centers drive economic growth and tax revenue, a study by Good Jobs First reveals that the subsidies may lead to significant revenue losses that outweigh the benefits. Critics emphasize the need for transparency regarding the costs associated with these incentives, which are often kept hidden due to confidentiality agreements. The potential negative consequences highlight the need for a balanced evaluation of such economic strategies.
"...data centers not only provide cloud based storage, but also power the training of increasingly powerful AI models."
"...the public doesn't yet know the extent of their costs, which are often obscured by tax privacy laws, confidentiality agreements or a sheer lack of research."
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