Source: Persuasion
by Damon Silvers & Matt Scherer
“The AI boom is already the largest capital investment project in history, running a price tag greater than the Manhattan Project, Interstate Highway System, and Apollo program combined. Estimates of the total cost of the data center buildout run as high as $7 trillion. The issue is not whether AI will transform our economy and society—maybe it will, maybe it won’t. But the conversation around AI’s long-term impact misses the more urgent question: whether AI companies can increase revenues and profits fast enough to pay their bills.” (07/17/26)
https://www.persuasion.community/p/an-ai-crash-is-a-real-possibility