NEC Director Kevin Hassett Predicts Continued Data Center Growth Despite Midterm Ballot Restrictions
National Economic Council Director Kevin Hassett expressed optimism regarding the future of data center expansion, asserting that projected growth will continue despite recent midterm election results. While voters in at least 46 out of 50 ballot initiatives moved to restrict tech infrastructure development, Hassett noted that current scheduled projects remain unaffected due to the geographic scale of the United States. Hassett attributed recent market volatility in the tech sector to political uncertainty surrounding data center regulation. He suggested that while some localities may resist development, the economic benefits will eventually drive a shift in regulatory sentiment. This stance aligns with President Trump's administration policy of promoting 'Super Intelligence' (SI) and leveraging AI infrastructure for national economic strength.
Topics: Artificial Intelligence Infrastructure Data Center Growth Midterm Elections Regulatory Environment