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Comment by altacc

The post mentions the AI boom boosting the numbers. From Fortune[1]: "Analyst estimates from Renaissance Macro Research indicate that so far in 2025, the dollar value contributed to GDP growth by AI data center expenditure surpassed the total impact from all U.S. consumer spending"

That is worrying as that spending is constrained to a small sector that concentrates and solidifies a lot of wealth with diluted "trickle down" effects. If/when the AI industry corrects there will be a significant impact on the US economy & stock market, which I think will have a bigger negative effect on the "person in the street" than any possible positive effect from the current high spending on AI technology.

[1] https://fortune.com/2025/08/06/data-center-artificial-intell...

parent altacc 1 year ago

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