Former regional Fed president: We need an "AI land grant act"

06/11/2025 6 min
Former regional Fed president: We need an "AI land grant act"

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Episode Synopsis


Big tech companies have invested hundreds of billions in AI infrastructure, including data centers that are popping up all over the country. Constructing the facilities brings in jobs to local communities, but what happens once the construction is finished? Former Philadelphia Federal Reserve President Pat Harker says tech companies owe a longer-lasting benefit to the communities that host data centers.Marketplace tech host Nova Safo talked with Pat Harker about his proposal for a “digital AI land grant act.”