AI Founders Flash
AI’s GDP boost
Exante Data estimates that AI investment is already contributing around 0.7% to US GDP, extrapolated from Nvidia’s data center revenues.
That spending wave has pushed AI-related infrastructure investment to 20% of the railroad boom’s peak in the 1880s, already surpassing the dot-com telecom frenzy.
But unlike railroads, Paul Kedrosky notes, these data centers are short-lived riding steep depreciation curves and demanding constant reinvestment. We’re spending historic sums to build disposable infrastructure. The economy is making a massive bet.
AI will boost productivity, or else…