According to a study by Harvard University economist Jason Furman, US economic growth in the first half of this year was almost entirely supported by data centers and data processing technology, while growth in other fields almost came to a standstill. Research data shows that investment in data processing equipment and software accounted for only 4% of US GDP in the first half of this year, but contributed 92% of GDP growth; US GDP grew by an average of 1.6% in the first half of the year, but excluding data centers and information processing technology, the total growth rate of the remaining industries was only 0.1%. He also pointed out that without technology investment driven by the AI boom, the US could have stimulated growth in other industries by lowering interest rates and electricity prices, but this kind of growth is probably only half of AI-driven revenue. Furthermore, Renaissance macro research found that the contribution of AI data center construction to US GDP growth this year exceeded consumer spending for the first time. Consumption originally accounted for two-thirds of US GDP; this reversal is historic. Underpinning this growth rate is a wild race for computing power among tech giants such as Microsoft, Google, Amazon, and Nvidia.

According to a study by Harvard University economist Jason Furman, US economic growth in the first half of this year was almost entirely supported by data centers and data processing technology, while growth in other fields almost came to a standstill. Research data shows that investment in data processing equipment and software accounted for only 4% of US GDP in the first half of this year, but contributed 92% of GDP growth; US GDP grew by an average of 1.6% in the first half of the year, but excluding data centers and information processing technology, the total growth rate of the remaining industries was only 0.1%. He also pointed out that without technology investment driven by the AI boom, the US could have stimulated growth in other industries by lowering interest rates and electricity prices, but this kind of growth is probably only half of AI-driven revenue. Furthermore, Renaissance macro research found that the contribution of AI data center construction to US GDP growth this year exceeded consumer spending for the first time. Consumption originally accounted for two-thirds of US GDP; this reversal is historic. Underpinning this growth rate is a wild race for computing power among tech giants such as Microsoft, Google, Amazon, and Nvidia.