(BNS) Could AI Spending Blow Up The Economy? With Paul Kedrosky
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Understanding Economic Growth and AI Investments
This chapter explores the complexities of economic drivers, warning against misconceptions that can lead to poor policy decisions. It emphasizes the significant role of non-governmental spending, particularly in the tech sector, and analyzes the precarious nature of investments in rapidly depreciating technologies like data centers. Additionally, the chapter highlights the risks associated with AI spending and the potential consequences for the broader economy, drawing parallels with historical economic crises.
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