“I love this because this is essentially saying, put up or shut up. If you say that you should be able to come in because you're going to generate 10,000 jobs and $2 million worth of tax revenue a year, give us a money-backed guarantee that if you do not meet those requirements, then we take the bond… Right now, it kind of seems like they just want to use our power. They want to use our water and then they want to create a product that will take our jobs and we get nothing.”
sputnikintelligence.com
The host was describing a local vote in Ohio requiring data center developers who want tax breaks to post a bond guaranteeing their promised jobs and revenue. It came during the episode's discussion of the wave of local ballot measures against data centers.
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…those requirements, if you do not meet your expectations, then we take the bond. If that happened, or if anything, if the data centers actually offered a profit share where they said, look, we will work with the community. We will share our profits with you because we are in your neighborhood. We're in your locale. We're part of your neighborhood. Would that change people's perspective? Because right now, it kind of seems like they just want to use our power. They want to use our water and then they want to create a product that will take our jobs and we get nothing.
I think that's the pitch. I think that's fair for that should be fair for anything, not just specifically about AI. Exactly. Yeah. Like any, any, you know, you're going to give a big tax break to business X, whatever the business is. It doesn't matter, right? Like if they're going to make some…
This is this fallacy that these companies work in some kind of a vacuum. I mean, the reality is the reason why they do so well is because they've got an educated population. They didn't pay for that. They've got a safe environment to work in. They didn't pay for that. I mean, this doesn't happen in…
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