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The AI Boom is distorting measurement of the entire U.S. economy
The number and size of data centers across the country are growing so immensely that they’re actually distorting our measurement of the entire U.S. economy, called the GDP or Gross Domestic Product. On its earnings call yesterday, chipmaker Nvidia’s CEO estimated that this year alone, Artificial Intelligence infrastructure spending — building out data centers –…
It’s a homebuyers’ market, if you can afford it
New home price data shows prices are actually in some key markets, even as they rise in others. In southern towns, such as Phoenix, Tampa, other cities in Texas, Florida and the Carolinas, prices are down, while some cities in the Northeast and Midwest — especially New York and Chicago — are seeing significant spikes.…
The Trump Administration wants U.S. to own parts of companies
U.S. government ownership of private companies is now a reality in an unprecedented way, according to several economists and policy analysts I spoke with for a story today on Marketplace. The Trump administration got Intel to give it a 10% ownership stake in the form of stock in return for billions of dollars in government…
InterArts Fresno 