Business
AI Boom Spending Surpasses Dotcom Bubble, Says SBI Mutual Fund
SBI Mutual Fund reports that AI capital expenditure is projected to reach 3.6% of US GDP between 2025 and 2032. This figure significantly exceeds the 1.1% recorded during the 2000 dotcom bubble and the 2.2% seen during the 19th-century railroad boom. This massive investment cycle marks one of the most significant capital spending periods in global history.
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