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The High Price Of AI: Early Optimism Runs Into Current Reality – NJ Urban News
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The High Price Of AI: Early Optimism Runs Into Current Reality – NJ Urban News
By Lucy Harper (NJ State House News Service) The state’s big dream of turning New Jersey into the “Silicon Valley” of artificial intelligence has run smack into the reality of soaring energy costs, the unrealistic ambitions of overly optimistic lawmakers and a public backlash against the growing number of data centers. Former Gov. Phil Murphy established the Next NJ program to provide $500 million in tax credits for the construction of data cent…
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