Bill Gates warns AI data-center boom could falter as power costs rise and communities push back

Bill Gates has warned that the AI data-center buildout faces significant economic risk and waning public acceptance, citing high electricity costs, rapid chip obsolescence and intensifying local opposition. The article says 48 projects were blocked, stalled or canceled in 2025, while legislation in several states has moved to curb or downsize developments. It adds that a White House “Ratepayer Protection Pledge” has not eased concerns, with 70% of Americans opposing a data center near their home. Gates’ comments challenge the durability of capital-spending plans and growth narratives at hyperscalers including Meta, Google, Amazon, Microsoft and Oracle.