AI capital investment is expected to be much much larger than the revenue. Even OpenAI CEO Sam Altman Told Investors Bluntly He Had No Plans On How To Generate Revenue on May, 2024. If the infrastructure can’t support AI growth as the beginning, AI capital investment may shrink and AI bubble may burst.
From July to October, US ISM service employment index rose from 46.4 to 48.2 and ISM manufacturing employment index rose from 43.4 to 46 together with better than expected October ADP report. There data confirmed Powell said in October FOMC press release that labor market conditions remain solid.
The surprise may come from the surge in inflation when CRB index seems to trend up.
I 100% agreed with you on AI part of comment. But I am not so sure about the employment side, although employment data a lot hairier, to be honest. And inflation story, right now the housing is causing more pressure. but next year might be a totally different story. As mid-term is getting closer, I suspect that the Trump team might start stimulate
AI capital investment is expected to be much much larger than the revenue. Even OpenAI CEO Sam Altman Told Investors Bluntly He Had No Plans On How To Generate Revenue on May, 2024. If the infrastructure can’t support AI growth as the beginning, AI capital investment may shrink and AI bubble may burst.
From July to October, US ISM service employment index rose from 46.4 to 48.2 and ISM manufacturing employment index rose from 43.4 to 46 together with better than expected October ADP report. There data confirmed Powell said in October FOMC press release that labor market conditions remain solid.
The surprise may come from the surge in inflation when CRB index seems to trend up.
I 100% agreed with you on AI part of comment. But I am not so sure about the employment side, although employment data a lot hairier, to be honest. And inflation story, right now the housing is causing more pressure. but next year might be a totally different story. As mid-term is getting closer, I suspect that the Trump team might start stimulate