From:
In a CRE Daily brief on doubts about AI-driven industrial real estate demand, Columbia Business School's Stijn Van Nieuwerburgh "sizes the bill" in his paper "Financing the AI Buildout." By 2032, the computing capacity added from 2025 on would have to produce $1.774 trillion a year to justify itself, equal to 8.8% of that year's projected GDP. The brief sets his analysis alongside Goldman Sachs and Apollo economists questioning how long AI can keep fueling demand.
