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От : Joseph Pereira 1:124/5016 03 ноя 25 06:54:59
К : All 03 ноя 25 16:03:02
Тема : The American Economy
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Twenty-two US states are already experiencing economic contraction.
Undeniably, some sectors, such as agriculture and retail, are currently suffering
extremely hard. Soybeans, fruit, and the Trump feuds with everyone in the
world are hitting American farmers (who voted overwhelmingly for Trump)
particularly hard.
We`re seeing mass layoffs at many companies, and local banks are in
a weak position because the number of bad loans has risen
dramatically.
And yet, US GDP is growing.
If you look at that, 92% of GDP growth in the US can be
attributed to AI investments.
You read that right... investments, not profits, no revenue. Just investments.
A huge balloon is being inflated, leaving everyone breathless, and
ultimately hoping that the air inside that balloon will become very valuable.
Will AI save the rest of the US economy?
AI investments are now greater than the enormous profits of the
companies that are investing. Amazon, Apple, Alphabet, Microsoft, Nvidia: their
market capitalization is astronomical. So are the profits... for investments.
But what if those investments ultimately don`t yield any profit themselves?
Are we building a robust economy here, or are we building a house of cards?
Those AI applications will have to be purchased by companies. But
outside of AI, the American economy is meager.
Who will have money left for expensive AI applications in the future?
But if there are few buyers, where will AI companies generate
revenue and profit?
.
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