Sacks cites Wall Street Journal on construction boom benefiting electricians, plumbers, and other tradespeople.
“There was an article in the Wall Street Journal just last week talking about the, construction boom that's happening that's benefiting construction workers, like electricians, like plumbers, like workers who pour concrete or hang drywall.”
Sacks says AI infrastructure build-out added 2% to GDP growth rate last year, helping reach 4-5% overall.
“And just last year, this infrastructure build out added about 2% to the GDP growth rate. And I think and that's what helped propel us to this, you know, four to 5% growth rate.”
Sacks cites report that AI represented 75% of GDP growth last quarter, just from infrastructure capex.
“There's another article saying that I think in the last quarter AI was 75% of GDP growth. And by the way, this is just the CapEx part. This is the physical infrastructure.”