AI companies are pouring so much money into AI, it may be propping up the entire US economy, experts warn. As investor Paul Kedrosky told the Wall Street Journal, spending on AI infrastructure has already eclipsed spending on telecom and internet infrastructure during the dot-com crisis over two decades ago, raising the possibility of a massive bubble. Kedrosky also floated the possibility that we haven't really felt the effects of president Donald Trump's tariffs, simply because of the scale of current IT infrastructure spending, acting as a "sort of private-sector stimulus program." Renaissance Macro Research head of economic research Neil […]

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Link :
https://futurism.com/ai-bubble-pops-entire-economy