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