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AI capex is so big that it's affecting economic statistics

(paulkedrosky.com)
338 points throw0101c | 1 comments | 18 Jul 25 19:59 UTC | HN request time: 0.208s | source
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jonas21 ◴[18 Jul 25 21:09 UTC] No.44609857[source]▶
I don't know... 1.2% of GDP just doesn't seem that extreme to me. Certainly nowhere near "eating the economy" level compared to other transformative technologies or programs like:

- Apollo program: 4%

- Railroads: 6% (mentioned by the author)

- Covid stimulus: 27%

- WW2 defense: 40%

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zachlatta ◴[18 Jul 25 21:14 UTC] No.44609903[source]▶
We are only 2 years in! 1.2% of GDP is enormous! The fact that we can even make any of these comparisons is stunning.
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1. AlotOfReading ◴[18 Jul 25 22:43 UTC] No.44610608[source]▶
1.2% is larger than either agriculture or mining (including O&G).