Probably, but it’s also sucking the oxygen out of other things.
A lot of the downward pressure on other industries is caused by the AI spending. The investors have withheld money from most companies, most companies can not get IT equipment because it’s all been redirected to the AI companies, construction of anything other than datacenters have had equipment and manpower sucked out of it.
Anyway, financially certainly a ‘boom’, but maybe not the good kind.
AI spending is the only things keeping GDP up
Probably, but it’s also sucking the oxygen out of other things.
A lot of the downward pressure on other industries is caused by the AI spending. The investors have withheld money from most companies, most companies can not get IT equipment because it’s all been redirected to the AI companies, construction of anything other than datacenters have had equipment and manpower sucked out of it.
Anyway, financially certainly a ‘boom’, but maybe not the good kind.