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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The US economy is splitting in two. There’s a rip-roaring AI economy. And there’s a lackluster consumer economy
Consistent with an economy driven by speculative investment
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)
Yup this is what I see in the construction sector as well.