AI capex is so big that it's affecting economic statistics
AI capex is so big that it's affecting economic statistics, boosting the economy, and beginning to approach the railroad boom As ever, here is what's ahead: Updates on prior pieces My most recent Rough Notes essay A few things worth reading I previously wrote about the perils of building renovation as a Fed chair, especially given an administration bent on finding a reason to fire you "for cause." As anyone who has renovated anything larger than a dog house knows, no one thinks what you spent