Hey everyone, Matt here.
AI data centers, legislation, regulation, intellectual property, jobs, music, and art have all moved into the conversation relatively quickly, before many people in the United States, or around the globe, actually understand what AI is.
They know the Terminator version. They might not know what they can download on their phones or how to use it. Yet AI has permeated our lexicon, our political dialogue, and our everyday conversations to the point where there is no escaping it.
Those conversations are for another time. Today, I want to focus on the economics.
We can argue about ethics, morals, principles, which jobs to protect, how children should learn, or what artificial sentience means. We can debate the Turing test and the meaning of life. But we have a pressing economic problem sitting in front of us.
If this isn’t an AI bubble, then we’re absolutely lucky.
If it is, we could be looking at one of the biggest economic bubbles in history.
Let’s lay out the numbers.



