It's still hard to fathom that Big 4 capital expenditure buildout for AI is 2x the peak of Telecom a quarter of a century ago at 2.4% of GDP.
Reminder that this is the biggest buildout in infrastructure in America, eclipsing even railroads.
Big 4 AI capex reaches twice telecom's peak at 2.4% of GDP
AISummary
The post says Big 4 capital expenditure for AI is about 2.4% of GDP, roughly twice the peak of the telecom buildout about 25 years ago. It calls this the largest infrastructure buildout in America, surpassing even railroads.
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Source: Deedy · x.comPublished · added here