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This explains why our current president is so high on AI. Its fueling the economy.

PS - And yes, the 9.6% contraction in residential construction is making things worse on one of the "Big-3H's" (housing, healthcare, higher eduction).

Modern AI is “spending other people’s money”. Phallic ballon of laziness. The tools can be quite great, but ultimately require seniority - and no hands (on that damn balloon).

Gotta take care of those robots!

The entirety of our economy is currently perched on a giant AI bubble. The only question is when does it pop and how quick is the collapse.

They just gave up on America.

The manufacturing construction figure seems to correlate with this...

This is the same capitalism, US exceptionalism…. Bla bla bla that you admire. You cannot have it both ways.

Feels like the Matrix. Humans get thrown under the bus so computers can survive 🤦🏼‍♀️

Insanity. We are redirecting our entire economy to build data centers to support software that is still in the beta-testing phase. Makes the .com or railroad bubbles look positively rational.

They want to build a data center somewhere? Cool, build 10,000 homes first then you get approval.

The single most prominent advertising sector I recall from many of your podcasts are AI-enabled companies and services.