White House AI Czar: Stopping AI equals stopping the U.S. economy; Q1 GDP growth relies three-quarters on AI

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Crypto World News reports that White House AI and Cryptocurrency Affairs Advisor David Sacks reposted Morgan Stanley’s latest capital expenditure report and commented that AI investment has a greater impact on U.S. GDP growth than the outside world perceives, approximately 2.5% this year and over 3% next year.
Data from the first quarter shows that AI-related investments contributed about 75% to U.S. GDP growth.
Sacks believes that even these figures underestimate the actual impact for two reasons: Morgan Stanley’s scope only covers five large cloud providers, excluding startup companies and other enterprises’ AI capital expenditures, which are just the money spent building “token factories,” and the economic activities produced within these factories are not included.
Morgan Stanley’s data that he reposted shows that the capital expenditure forecasts for the five major cloud providers (Amazon, Alphabet, Meta, Microsoft, Oracle) have been raised from the previous $765 billion to about $805 billion in 2026, and from $951 billion to $1.1 trillion in 2027.

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