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Why It Matters
Wall Street Journal : Brookings projects US AI spending to total $10.3T between 2025 and 2032, averaging 3.6% of GDP per year, the largest single-industry build-out as a share of GDP — Data-center spending is greater than that for the canals, railroads and grid combined—creating jobs and wealth but also boosting inflation
Provenance
Discovered via TechMeme and published by techmeme.com.
Original description
Wall Street Journal : Brookings projects US AI spending to total $10.3T between 2025 and 2032, averaging 3.6% of GDP per year, the largest single-industry build-out as a share of GDP — Data-center spending is greater than that for the canals, railroads and grid combined—creating jobs and wealth but also boosting inflation
Discovered via TechMeme
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Publisher: techmeme.com
ID: https://www.techmeme.com/260924/p13#a260924p13 · Indexed about 1 hour ago