3 ms·

>data-center related spending...probably accounted for half of GDP growth in the first half of the year. Which is absolutely bananas. What? If that figure is

>data-center related spending...probably accounted for half of GDP growth in the first half of the year. Which is absolutely bananas. What? If that figure is true then "absolutely bananas" is the understatement of the century and "batshit insane" would be a better descriptor (though still an understatement).

roxolotl 1y ago
This has been reported many places over the past year the percent seems to be all over the place though. Yesterday “As much as 1/3rd”: https://www.reuters.com/markets/europe/if-ai-is-bubble-economy-will-pop-with-it-2025-10-01/#:~:text=Some%20reckon%20as%20much%20as%20one%2Dthird%20of%20the%20economy's%20near%204%25%20annualised%20expansion%20over%20the%20past%20two%20quarters%20may%20be%20accounted%20for%20by%20this%20digital%20gold%20rush https://www.reuters.com/markets/europe/if-ai-is-bubble-econo... A week ago “More than consumer spending(but the reality is complex)”:https://fortune.com/2025/09/17/how-much-gdp-artificial-intelligence-goldman-sachs-160-billion/#:~:text=noted%20a%20striking%20surge%20in%20AI%20infrastructure%20spending%2C%20arguing%20it%20was%20adding%20more%20to%20GDP%20growth%20than%20consumer%20spending https://fortune.com/2025/09/17/how-much-gdp-artificial-intel... August “1.3% of 3% however it might be tariff stockpiling”: https://www.barrons.com/articles/ai-spending-economy-microsoft-amazon-meta-alphabet-3e2e5fda#:~:text=As%20a%20result%2C%20Kedrosky%20estimates%20the%20contribution%20of%20AI%20capex%20to%20second%2Dquarter%20GDP%20was%20around%201.3%20percentage%20points%20of%20the%203%25%20advance%20estimate. https://www.barrons.com/articles/ai-spending-economy-microso...