The administration’s “Build, Baby, Build!” approach to AI would also increase reliance on fossil fuels to power the massive server farms Big Tech needs in its race to develop the most powerful forms of artificial intelligence.

US President Donald Trump’s AI Action Plan unveiled this week is set to be a positive driver for data center projects in Asia, a Singapore-based industry executive said.

Regardless of what powers AI, the simple law of supply and demand makes it all but certain that costs for consumers will rise.