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Capex spend on AI data centres has reached 1.2% of US GDPx.com/bearlyai/status/1946682802172555468
606 sats \ 6 comments \ @Scoresby 20 Jul charts_and_numbers
Capex spend on AI data centres has reached 1.2% of US GDP.
That has surpassed Dotcom era spend on telecom equipment (1%) but still trails railroad spend in 1880s (6%).
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100 sats \ 4 replies \ @BlokchainB 20 Jul
Very interesting chart I wonder what percentage of GDP was spent building out the Federal highway system
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419 sats \ 3 replies \ @optimism 20 Jul
Budget: 25B 1 GDP: 440B 2
25 / 440 = 5.68%

Footnotes

  1. https://en.wikipedia.org/wiki/Federal-Aid_Highway_Act_of_1956 ↩
  2. https://fred.stlouisfed.org/release/tables?rid=53&eid=12998&od=1956-01-01# ↩
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100 sats \ 2 replies \ @BlokchainB 20 Jul
Thanks
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115 sats \ 1 reply \ @optimism 20 Jul
We could argue that it was .5% in the '56-'65 era due to the 10-year exhaustion of that budget, but I think this figure is closer to the methodology used in the chart because of the word "era". Either way - interstates were expensive but I've seen figures that claim a 600% ROI on it, which is what matters in the end.
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100 sats \ 0 replies \ @BlokchainB 20 Jul
Yeah trucking is what America runs on so it’s not surprising the ROI is high
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0 sats \ 0 replies \ @nitter 20 Jul bot
https://xcancel.com/bearlyai/status/1946682802172555468
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