@Techmeme@techhub.socialAnalysis: the AI investment boom represents ~1% of US GDP, roughly half the GDP share during the '90s dot-com boom and comparable to the mid-2010s US shale boom (Toby Nangle/Financial Times)
https://www.ft.com/content/918fbc46-56a9-4225-b2cd-77fb4a532218
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@poppastring@dotnet.socialJust published 🚀: Private AI Investment is on a GDP-Scale
#musings
@markhburton@mstdn.social"The AI investment ‘bubble’ (as measured as the stock price relative to the 'book value' of a company) is 17 times the size of the dot-com frenzy of 2000 — and four times the subprime mortgage bubble of 2007. The ratio of the US stock market’s value to GDP (aka the “Buffett Indicator") has moved up to a new record high at 217%, more than 2 standard deviations above the long-term trendline." [ the very definition of abnormal - MB ]
