Miner Company
AI Spending: The Biggest Gamble In U.S. History
The U.S. is undertaking an unprecedented AI infrastructure buildout, surpassing spending on historical projects like the Interstate Highway and Manhattan Project in inflation-adjusted terms. Market valuations reflect strong optimism for an AI-driven productivity boom, but multiple scenarios—ranging from utopia to severe disruption—are plausible.
The U.S. is undertaking an unprecedented AI infrastructure buildout, surpassing spending on historical projects like the Interstate Highway and Manhattan Project in inflation-adjusted terms. Market valuations reflect strong optimism for an AI-driven productivity boom, but multiple scenarios—ranging from utopia to severe disruption—are plausible.