From:
In a CNN Business report on the market rebound after a roughly $2.5 trillion AI-driven sell-off, a Columbia Business School study is cited as estimating that AI-related infrastructure investment was driving nearly all observed U.S. GDP growth by the end of last year. The story ties the midweek rout to investor concern that Democratic midterm gains could slow the AI spending boom that has supported both the economy and markets. That Columbia estimate comes from research by professor Stijn Van Nieuwerburgh
