The AI Build-Out Is Becoming the Biggest Economic Bet in U.S. History by Konrad Putzier and Justin Lahart

 The AI build-out is on track to become the biggest economic bet in U.S. history, dwarfing the investments made to fund other huge U.S. infrastructure projects such as the railroads, the highway system and the plumbing for the internet. Total investment in data centers and related artificial-intelligence infrastructure is projected to total $10.3 trillion from 2025 to 2032, according to new estimates by economist Stijn van Nieuwerburgh published by the Brookings Institution. That is a staggering 3.6% of gross domestic product a year, on average. Never before has the U.S. economy been so dependent on the build-out of a single industry. The investment is transforming every corner of the economy, creating hundreds of thousands of jobs and minting new billionaires. It is also creating significant risk, as much of it is built on debt. An abrupt slowdown could ignite shock waves throughout the U.S. economy.  The AI Build-Out Is Becoming the Biggest Economic Bet in U.S. History – WSJ