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The towns and counties where data centers are built often give huge tax breaks to these companies. So the companies might not be paying much in property taxes. And then the data centers don't employ that many people — maybe a few dozen people to run these massive facilities.

— Fresh Air
6d ago

Reyhani wants New Zealand to retain more value when taxpayer-backed technologies succeed, whether through financial returns, research facilities, skilled people or new businesses. On artificial intelligence, he sees opportunities in applying existing models to New Zealand datasets, including agriculture and health, rather than competing head-on with the world's biggest model developers.

1w ago

There's a lot of pressure to bring this new energy online very quickly because states are currently competing for the opportunity to attract these data centers, even though the financial benefits of them for the state has not actually yet borne fruit.

4mo ago

While countries like Australia, Singapore, the UK and the US have long term coordinated manufacturing and industry four point zero strategies, New Zealand has shelved its industry transformation plans and still doesn't have a clear view of what kind of manufacturing base it wants in ten to twenty years.

6mo ago

Underscored — save the words that stop you in your tracks.

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