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In a NewsNation explainer on whether the AI boom is giving America "Dutch disease," Columbia Business School economist Stijn Van Nieuwerburgh estimates that building data centers and AI infrastructure could require nearly $9 trillion by 2032. Relative to the economy, that would make it the biggest investment boom in U.S. history, ahead of the railroads, the highways, and the late-1990s telecom expansion. The story looks at how that growth could pull capital, power, and workers away from housing, autos, and other industries.
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