Franklin CEO Johnson Warns on Risks of Data Center Obsolescence

Franklin Templeton Chief Executive Officer Jenny Johnson said she’s monitoring the data-center trade because of the risk that new technology could make assumptions around computing and energy needs out of date.

“Any time you’re planning for 20 years based on today’s technology, with the pace with which we see innovation happening, that can be risky,” Johnson said in an interview with Bloomberg Television on Thursday. Emerging areas like photonic computing, which uses light waves for speedy data processing and requires far less energy, are worth watching, she said.

Johnson joins the likes of Oaktree Capital Management co-founder Howard Marks ...