alt Hacker News> At $2.4 trillion, Texas' economy is larger than many countries', including Russia, Canada and Italy, according to a report from the governor's office.
California's economy is $4.1 trillion and has a much higher chance of growing larger with most of the AI companies based out of CA.
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What relevance does that have? I genuinely don't understand the purpose of your comment.
It's not like the article was suggesting Texas had America's largest state economy. It was just showing that it is large. Which it is.
What does California have to do with anything?
CA have LTSE. but somehow they are slow or stopped? not much news about it.
I expect a series of other choices that force the business into Texas as a way to choke out California for not bowing to the will of a king.
They already have multiple trillion dollar companies and how has that worked out for them? Rampant homelessness and crime in their "Premier" cities, skyrocketing cost of living and housing prices, etc.
Or most of those AI companies could go bust. Nobody really knows yet.
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Not sure I understand your point. If someone wants to open an exchange there, what’s stopping them?
I’m a Dallas resident and this has been a large coordinated effort that has a lot of banks relocating here. Not going to debate the good or bad of it, but Texas tends to go after these types of things and creates a favorable environment for it from a business/tax/political standpoint. I don’t know what California does, but I know a whole bunch of Californian corporations have moved here citing similar reasons. So again, what’s stopping something similar from happening in California? (If it doesn’t already exist)