US economic growth is now driven primarily by AI investment, which accounts for over 25% of GDP growth and has reached 8% of total GDP — exceeding the Dot-Com bubble peak.
Macro & Markets ·
AI-related spending now represents more than 25% of US GDP growth, the highest proportion recorded, encompassing software, IT equipment, research and development, and data center expenditures. At roughly 8% of total US GDP, this spending level has surpassed the peak reached during the 2000 Dot-Com bubble, when comparable technology investments hit approximately 6.5% of GDP. This means that of every four dollars of current economic growth, more than one dollar stems from AI-related outlays.