The US economy is splitting in two. There’s a rip-roaring AI economy. And there’s a lackluster consumer economy
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56 sats \ 0 replies \ @SimpleStacker 8 Aug
Consistent with an economy driven by speculative investment
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0 sats \ 0 replies \ @spiderman 8 Aug
The article compares spending in artificial intelligence (as an investment, obviously) vs spending in consumer goods (which is spending)? Seems a bit nebulous?
And there are already voices from many experts saying AI investment itself is a bubble, a boost which may not return as much as hoped (in pure business term)
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0 sats \ 0 replies \ @BlokchainB 8 Aug
Yup this is what I see in the construction sector as well.
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