GDP Surges To 3.8% As AI Spend Jumps

The 3rd reading of U.S. GDP jumped to 3.8%, beating estimates by a large margin. The culprit of this jump and a majority of the GDP appears to be AI capex spend. While exciting, it also carries with it a major risk. If AI spending slows down, the economy crashes. In other words, the rest of the economy is extremely slow, even near/in recession. However, AI spend is driving it. Should AI spend falter, the odds would strongly favor a recession in the United States.