The GDP increases are fake. Mining Bitcoin produces nothing, in fact the money supply should not be increased to match the fake GDP increase. The same is true for "AI".
Actual real life case studies that people can point to where they deployed it and it all went great are actually very hard to come by. It was only the other week that there was that study that said the number was as low as I think they said like 5% or something.
No shortage of excitement though, but a lot of things seem to be riding on some big breakthroughs coming down the pipeline that may never arrive.
Can’t you just use your AI-supercharged productivity to build them? What’s the bottleneck here?
The current boom has basically had nothing to do with any government efforts. It is booming in spite of the current administration. This is all private industry.
The administration facilitates "AI" exports:
https://www.iaps.ai/research/promoting-the-stack-trumps-ai-e...
It removes environmental regulations:
https://apnews.com/article/national-environmental-policy-act...
For the Nvidia bubble, it has recently lifted export regulations to China.
It facilitates meetings of "Open" "AI" with world leaders and almost certainly exerts pressure with tariffs etc. behind the scenes to force these deals.
It keeps talking up "AI", which helps the bubble.
You must have missed the federal governments 500B “stargate” project