A $10 trillion data center boom is prompting states to rethink tax breaks as projects strain power grids and compete with housing for investment. https://stateline.org/2026/10/16/data-centers-are-now-the-largest-financial-bet-in-us-history/
stateline.orgData centers are now the largest financial bet in US history • StatelineThe sheer size of investment in data centers is drawing concern as it surpasses all other historical booms and crowds out other more job-creating ventures. Until now, no industry had driven the U.S. economy with such force since the railroad expansion of the late 1800s, when titans battled one another to lay the transcontinental tracks that would connect America from coast to coast.
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