On July 14, New York Governor Kathy Hochul announced a one-year moratorium on new large data center projects in the state. It's the nation's first such pause at a time when anti-data center politics is on the rise around the country. But Hochul insists that she's not anti-AI, and that she's an avid user of the technology, as well as a believer that it can be a force for economic growth. On this episode, we talk to Hochul about the logic of the pause, and what she hopes it will achieve. We also discuss energy and housing stress in the state, and what it would take for New York to welcome in driverless cars. Chapters: 00:00:00 - AI Regulation Analysis 00:01:04 - Data Center Moratorium Announcement 00:04:01 - Governor Hochul’s Rationale for Data Center Moratorium 00:07:03 - Specific Goals and Framework Development 00:08:39 - Avoiding Permanent Bans and AI Commitment 00:10:44 - AI Regulation Reform Examples 00:11:38 - AI Workforce Disruption and Future of Work Commission 00:13:09 - Competition Strategy: Semiconductors Over Data Centers 00:15:30 - Waymo and Autonomous Vehicle Policy 00:17:58 - Balancing Innovation Benefits with Worker Protection 00:19:19 - Tech Company Responsibility and Workforce Investment 00:22:17 - Energy Policy and Nuclear Power Strategy 00:25:53 - Federal Relations and Trump Administration 00:27:53 - Financial Services Industry and New York's Competitive Position 00:29:55 - Democratic Socialist Movement and Economic Frustration 00:33:52 - Housing Policy and Property Tax Reform Watch Bloomberg Vodcasts: https://www.youtube.com/playlist?list=PLe4PRejZgr0MS0Tqk_zQl1LVVTdWuH2Di Watch more Odd Lots episodes: https://www.youtube.com/playlist?list=PLe4PRejZgr0OJbRzA6nWybYiThLJd_ouz Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Join the conversation: discord.gg/oddlots Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Check out more Odd Lots: https://youtube.com/playlist?list=PLe4PRejZgr0MuA6M0zkZyy-99-qc87wKV Get the Odd Lots newsletter: https://www.bloomberg.com/account/newsletters/oddlots And for all things Odd Lots, visit https://www.bloomberg.com/oddlots #Investing #Markets #Finance #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts For coverage on news, markets and more: http://www.bloomberg.com/video Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg