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Some simple economics of AI and macro cycles
marginalrevolution.com/marginalrevolution/2025/10/some-simple-economics-of-ai-and-macro-cycles.html
Has AI been propping up the American economy? For instance “the Bureau of Economic Analysis’s category for investment in information processing equipment and software accounts for over 90 percent of economic growth in the first half of 2025.”
The key question is what would have been done…
This story appeared on marginalrevolution.com, 2025-10-18 07:43:53.