2 ms·

Another interesting claim I have come across is that AI investment is now larger that consumer spending: https://sherwood.news/markets/the-ai-spending-boom-is-

• troyastorino 1y ago
  Put a comment on this below, but the claim is highly misleading...consumer spending is ~$5 trillion, AI investment is ~$100 billion. The graph is looking at something like contribution to GDP growth (not contribution to GDP), but that is even misleading b/c if you don't adjust for seasonality, H1 consumer spending is almost always lower than H2 consumer spending of the previous year (because Q4 always has a higher level of consumer spending). (comment below: https://news.ycombinator.com/item?id=44804528 https://news.ycombinator.com/item?id=44804528 )
  • zzleeper 1y ago
    To clarify, AI investment has contributed more to GDP GROWTH than consumer spending. So they are talking about changes not levels.