When will the CEOs realize that they can’t make money off of people who don’t have enough money to spend on their products that no one really wants anyways?
![Quote from the article:
In August, Renaissance Macro Research estimated, to date in 2025, the dollar value contributed to GDP growth by AI data-center buildout had surpassed U.S. consumer spending for the first time ever. That’s remarkable considering consumer spending is two-thirds of GDP.
Technically, as Furman notes, investment in information-processing equipment and software was only 4% of U.S. GDP for the first half of 2025, yet it also accounted for fully 92% of GDP growth over that period. Furman added it’s probably not the case the U.S. economy would have recorded almost no expansion at all absent this buildout, reasoning that “absent the AI boom we would probably have lower interest rates [and] electricity prices, thus some additional growth in other sectors. In very rough terms that could maybe make up about half of what we got from the AI boom.” But still, it’s big.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:mv277pous3rhzitwqwnrxoun/bafkreibfxhmroxwasygu6maejkdcfetzd3kvudt74sxu32bmsqbpgrqftq@jpeg)
November 10, 2025 at 3:39 PM
When will the CEOs realize that they can’t make money off of people who don’t have enough money to spend on their products that no one really wants anyways?
Me @ Holyday literally every time he speaks:
July 23, 2025 at 7:45 PM
Me @ Holyday literally every time he speaks:
