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.”