AI spending is currently supporting GDP growth, but the real benefit of AI (like the Hoover Dam) will only materialize once productivity benefits actually accrue to the economy, which could take years or even decades and is currently uncertain.
causalpending
Speaker
Michael LebowitzEvidence Quote
“AI spending is going to boost the economy, but with limited impact and lessening impact going forward...the benefit of the dam was not the GDP that it added...It was that it allowed for the whole southwestern US to to grow out.”
Created: 8/12/2026, 6:23:20 PM
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