AI expenditure marks one of the largest capital spending cycles in history, with average annual capex estimated at around 3.6% of US GDP over 202532, more than the 1.1% during the 2000 dotcom cycle and 2.2% during the 19th-century railroad boom.
AI expenditure marks one of the largest capital spending cycles in history, with average annual capex estimated at around 3.6% of US GDP over 202532, more than the 1.1% during the 2000 dotcom cycle and 2.2% during the 19th-century railroad boom.
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