But the main focus of Mr. Hassett’s interview was the tumult in financial markets around artificial intelligence and data centers, after Tuesday’s election swept into office a group of lawmakers who may more tightly regulate the industry. Voters also approved a series of new ballot measures putting a halt to data center development in their communities.
Mr. Hassett said they “respect the localities that decide that’s what they want to do, but America is a big place,” noting that data centers under development now may not be affected by those ballot initiatives. He said there was “plenty of room” elsewhere for those computing facilities.
