Jon Steinsson
@JonSteinsson
Economics Professor at UC Berkeley
Joined June 2012
622 Following 25.9K Followers
New BPEA paper by @SVNieuwerburgh argues that AI buildout will cost $10.3T over next 8 years. Furthermore, to get a 10% return on this, those investing will need annual revenues of $3.7T by 2032! (Approx 9% of GDP!)
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