Mmastodon WorldUS Politics first seen 8 h ago, last 6 h ago, peak #1

AI boom faces a 9% of GDP test

Original: "Believers in the # AI boom🚨need to take a very close look at this number: 9% of GDP. That's how much American businesse

A widely shared argument holds that US businesses and consumers would eventually need to spend around 9% of GDP per year on services from companies like Anthropic and OpenAI to justify the enormous sums being invested in the AI boom. Critics point to that figure as evidence that current investment levels may be unsustainable, while AI supporters counter that demand for the technology could still grow fast enough to meet it.

Why now: Concerns are mounting that AI investment has outrun realistic projections of future spending and revenue.

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• "Believers in the # AI boom🚨need to take a very close look at this number: 9% of GDP. That's how much American businesses & consumers🚨eventually have to spend per year on the services of companies like # Anthropic & # OpenAI to justify the staggering sums being committed to the… · KimPerales@toad.social · 7

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