The US tech industry has once again shown its uncanny ability to bend to the will of President Donald Trump, a year after his inauguration. As AI continues to grow in power and importance, Trump's administration has taken steps to further entrench the dominance of American technology giants.
One key area where this is happening is in the realm of datacenters. The president has expressed concern about the potential impact on energy costs, particularly in states like New York and California where electricity prices are already high. In response, companies such as Microsoft have agreed to pay full property taxes and accept no tax breaks or discounts for their operations.
But beneath this apparent gesture of goodwill lies a more sinister plot to extract every last penny from the tech industry's bottom line. By requiring companies like Microsoft to bid on the future reliability of electricity they plan to draw from the grid, Trump's administration is effectively forcing them to take out expensive insurance policies - and pay for them with their own money.
This latest development comes as Europe grapples with its own datacenter boom, albeit one that is being held back by high energy costs. In Germany, Chancellor Friedrich Merz has announced plans to subsidize heavy industrial use of electricity, while also requiring companies to source half of their power from renewable sources. But even this token gesture of environmentalism may not be enough to slow the pace of expansion.
In the US, meanwhile, power prices are playing a growing role in the national conversation about affordability and access to technology. Trump's promise to slash electricity bills by half remains a distant memory, but his administration is working to push through more expensive measures - including increased drilling for gas and oil.
The wider implications of this policy shift will become clear in the coming months, as the US heads towards congressional elections and the nation's largest power grid operator holds an emergency reliability auction. Whether Trump's party will ultimately benefit from its pro-tech stance remains to be seen, but one thing is certain: the era of Trumpian technological nationalism has only just begun.
In a related story, Australia's social media ban for under-16s is proving more effective in some quarters than others. While lawmakers in other countries have expressed interest in implementing similar measures, their efforts so far have been met with skepticism - particularly from companies that claim they are doing everything in their power to keep young users safe.
As the debate rages on, one thing becomes clear: the future of social media is complex and multifaceted. Whether it's a force for good or a source of anxiety, one thing is certain: the tech industry will continue to shape our lives in ways both subtle and profound.
One key area where this is happening is in the realm of datacenters. The president has expressed concern about the potential impact on energy costs, particularly in states like New York and California where electricity prices are already high. In response, companies such as Microsoft have agreed to pay full property taxes and accept no tax breaks or discounts for their operations.
But beneath this apparent gesture of goodwill lies a more sinister plot to extract every last penny from the tech industry's bottom line. By requiring companies like Microsoft to bid on the future reliability of electricity they plan to draw from the grid, Trump's administration is effectively forcing them to take out expensive insurance policies - and pay for them with their own money.
This latest development comes as Europe grapples with its own datacenter boom, albeit one that is being held back by high energy costs. In Germany, Chancellor Friedrich Merz has announced plans to subsidize heavy industrial use of electricity, while also requiring companies to source half of their power from renewable sources. But even this token gesture of environmentalism may not be enough to slow the pace of expansion.
In the US, meanwhile, power prices are playing a growing role in the national conversation about affordability and access to technology. Trump's promise to slash electricity bills by half remains a distant memory, but his administration is working to push through more expensive measures - including increased drilling for gas and oil.
The wider implications of this policy shift will become clear in the coming months, as the US heads towards congressional elections and the nation's largest power grid operator holds an emergency reliability auction. Whether Trump's party will ultimately benefit from its pro-tech stance remains to be seen, but one thing is certain: the era of Trumpian technological nationalism has only just begun.
In a related story, Australia's social media ban for under-16s is proving more effective in some quarters than others. While lawmakers in other countries have expressed interest in implementing similar measures, their efforts so far have been met with skepticism - particularly from companies that claim they are doing everything in their power to keep young users safe.
As the debate rages on, one thing becomes clear: the future of social media is complex and multifaceted. Whether it's a force for good or a source of anxiety, one thing is certain: the tech industry will continue to shape our lives in ways both subtle and profound.