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AI investment accounts for over 25% of the U.S. GDP growth contribution, a record high
BlockBeats, July 12 — The Kobeissi Letter posted that the US economy is increasingly relying on AI investment. AI investment currently accounts for more than 25% of the US GDP growth contribution, reaching a historical high level. Relevant investments include software, IT equipment, research and development, and the construction of data centers, among others.
In other words, for every $4 of growth in the US economy, more than $1 comes from AI investment. At the same time, AI-related spending has risen to about 8% of the US GDP, also setting a historical record.
By contrast, during the 2000 dot-com bubble, the peak share of IT equipment, software, and R&D spending in GDP was about 6.5%. Today, US economic growth is increasingly centered around AI.