AI data-center boom drives housing bust in Dallas

The author explores whether the massive artificial intelligence infrastructure build-out is boosting the broader American economy or crowding out investment in non-tech sectors by driving up interest rates, construction costs, and labor expenses. While the data-center boom stimulates private investment and GDP, it simultaneously depresses housing, retail, and manufacturing construction while straining local municipal resources. Ultimately, the article argues that the more resources the nation devotes to AI at the expense of other innovations, the more its future depends on that technological bet paying off. Open article →