The Economic and Fiscal Benefits of a Major Data Center Investment in Abilene
Report Published on February 21, 2025The Perryman Group recently examined the economic and fiscal benefits to the Abilene area of Project Prism and Project Radiance, two phases of a proposed major Artificial Intelligence (AI) data center initiative under consideration in Abilene. These resources would also offer significant diversification and expansion in the local business complex. The data center campus will generate substantial economic benefits during construction and once operational, in addition to significant tax revenues.
- Tags:
- data,
- impact,
- artificial intelligence
Artificial Intelligence and the Job Market
Radio Spot Broadcast via Texas State Networks on September 04, 2025Dr. Perryman discusses the impact AI may have on the job market.
- Tags:
- jobs,
- artificial intelligence
Disruption
Column Published in syndication August 13, 2025"Creative disruption" is a process by which the invention of one very useful thing brings major changes for many others. It is related to "creative destruction" (the rapid obsolescence of some activities as new mechanisms emerge) which dates back to sociologist Werner Sombart over a century ago and was brought into mainstream economic thought by Joseph Schumpeter in the 1940s. These phenomena happen frequently in niches across the economy. For example, telephone switchboard operators largely went away due to automation. These disturbances are healthy and, indeed, essential to progress, but can engender very difficult transitions.
- Tags:
- jobs,
- productivity,
- artificial intelligence