The AI Build-Out Is Becoming the Biggest Economic Bet in U.S. History
https://www.wsj.com/economy/the-ai-build-out-is-becoming-the-biggest-economic-bet-in-u-s-history-c60716dd
Data-center spending is greater than that for canals, railroads and grid combined—creating jobs and stock-market wealth, while boosting inflation and crowding out housing.
We're All AI Investors Now, And That's Risky
https://www.fa-mag.com/news/we-re-all-ai-investors-now--and-that-s-risky-88546.html
Like it or not, we are all betting on AI taking over the economy. In the last 40 years, the U.S. has become a nation of stock investors. On the whole, it has made Americans rich. Now the stock market is soaring on the hopes that AI will make everyone more productive—and if that doesn’t work out, we all may learn the definition of a bad tail risk.
https://www.wsj.com/economy/the-ai-build-out-is-becoming-the-biggest-economic-bet-in-u-s-history-c60716dd
Data-center spending is greater than that for canals, railroads and grid combined—creating jobs and stock-market wealth, while boosting inflation and crowding out housing.
We're All AI Investors Now, And That's Risky
https://www.fa-mag.com/news/we-re-all-ai-investors-now--and-that-s-risky-88546.html
Like it or not, we are all betting on AI taking over the economy. In the last 40 years, the U.S. has become a nation of stock investors. On the whole, it has made Americans rich. Now the stock market is soaring on the hopes that AI will make everyone more productive—and if that doesn’t work out, we all may learn the definition of a bad tail risk.