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Cancelled tech leaders need a new strategy urgently

The Australian Financial Review (AFR) •
November 05, 2026 • 11:06 PM
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America’s data centre backlash is emblematic of artificial intelligence anxiety and a scepticism of the industry’s power and wealth.

Cancelled tech leaders need a new strategy urgently

For a badly divided country, the tech industry has come up with something American voters on both sides of the aisle can agree on: no one wants a giant artificial intelligence data centre in their backyard.

The immediate business implications of this hardening antipathy ricocheted through Wall Street this week as the results of the US midterm elections have sunk in.

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