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

(paulkedrosky.com)
337 points throw0101c | 1 comments | 18 Jul 25 19:59 UTC | HN request time: 0s | 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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dyauspitr ◴[18 Jul 25 22:46 UTC] No.44610627[source]▶
1/100th of the US economy sounds massive to me.
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jfghi ◴[19 Jul 25 00:18 UTC] No.44611306[source]▶
…for just the cap ex part
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1. blibble ◴[19 Jul 25 00:54 UTC] No.44611537{3}[source]▶
the crash is going to be glorious