AI INVESTMENT BOOSTED US GDP GROWTH BY 1%, SUSTAINED SPENDING LIKELY

AI INVESTMENT BOOSTED US GDP GROWTH BY 1%, SUSTAINED SPENDING LIKELY Brian Romanchuk notes IT equipment and software investment surged 0.4% of GDP in the last two quarters. AI boom may have added 1% to GDP growth. Investment could stay high longer than skeptics predict.

Brian Romanchuk notes IT equipment and software investment surged 0.4% of GDP in the last two quarters. AI boom may have added 1% to GDP growth. Investment could stay high longer than skeptics predict.