Watch Desk posted an update
Minneapolis Fed President Neel Kashkari is sceptical of the argument that the US economy would be shrinking without a boom in AI-related construction, Bloomberg reports.
Why it mattersIt is a useful counter to treating data-centre spending as the whole explanation for economic growth. Kashkari’s comment challenges that argument, rather than establishing what share of growth AI construction accounts for.
Discuss: How much of the US growth story should be credited to AI infrastructure, and how much to the rest of the economy?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.