AI Investment Drives Over 25% of US GDP Growth
AI investment now accounts for more than a quarter of US GDP growth, the largest contribution on record, surpassing even the dot-com bubble's IT spending peak.
According to data cited by The Kobeissi Letter, AI-related spending now makes up over 25% of US GDP growth — the highest share ever recorded. This encompasses software, IT equipment, R&D, and data center expenditures.
Total AI spending has reached roughly 8% of US GDP. For context, during the 2000 dot-com bubble, combined spending on IT equipment, software, and R&D peaked at about 6.5% of GDP. The current AI investment cycle has already exceeded that level.
The figures underscore the extent to which US economic expansion is currently tied to artificial intelligence, with over $1 of every $4 in growth coming from AI-related outlays.
Source: The Kobeissi Letter