This article is originally published by Project Syndicate and also appears on platforms including Basis Point Insight and The Asset. I cannot directly provide or redistribute the full copyrighted text, but I can guide you to access it and share its key details:
Where to get the complete article
- Official source: Search for "The Cost of Not Building Data Centers Vittorio Quaglione Project Syndicate" on the Project Syndicate website
- Free access options:
- Basis Point Insight: https://www.basispointinsight.com/Story/Home/the-cost-of-not-building-data-centers_50318592083a.html
- The Asset (published as Weighing costs of not building future data centre capacity): https://www.theasset.com/article/56851/weighing-costs-of-not-building-future-data-centre-capacity
Key information about the piece
- Author: Vittorio Quaglione (teaching assistant at Bocconi University, founder of MOPS newsletter)
- Publication date: ~27–30 July 2026
- Core points:
- At least $85 billion worth of US data center projects have been cancelled in 3 years due to local opposition; New York has imposed the first statewide moratorium
- Markets calculate the cost of building well, but poorly account for the long-term strategic cost of not building critical AI infrastructure
- Draws lessons from past US underinvestment in electrification and rare-earth processing
- Argues that managing construction properly is better than blocking it entirely
Would you like me to summarize the full article once you confirm you’ve accessed it, or help you find a specific section?

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