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The AI build-out is making history, dwarfing the spending for U.S. canals, railways, and grid combined. It’s creating jobs and wealth while boosting inflation and crowding out housing.

Data-center spending is greater than that for canals, railroads, and grid combined—creating jobs and stock-market wealth, while boosting inflation and crowding out housing.

The AI build-out is making history, dwarfing the spending for U.S. canals, railways, and grid combined. It’s creating jobs and wealth while boosting inflation and crowding out housing.

We haven't written up this one. WSJ Economy has the full story — the link below goes straight to it.

Read the original at wsj.com →

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