COVID Economic Recovery: Governor To Allow Tech Companies to Form Cities

What’s happening? Nevada Governor proposes allowing tech companies to form local governments to spur economic recovery and diversify the economy. These “innovation zones”

Why is this important? The proposal would allow “emerging technologies—like blockchain, autonomous vehicles or artificial intelligence—to develop autonomous districts.” To get there, the company will have to own at least 50,000 acres of land and invest at least $1.25 billion over 10 years. Over time, the tech company would take over government roles like tax collection, education, & law enforcement.

How will this be important? A Democrat Governor proposal in a. western independent state- that’s the ingredients for a repeat recipe.

Route Fifty | Nevada Plan to Let Tech Firms Form Local Governments is Scaled Back