NewsMV
The infrastructure bill for artificial intelligence is landing in the economy before AI's promised cost savings have materialized, creating a timing problem for Federal Reserve officials.
Tech leaders argue the technology will compress costs across industries over time.
Corporate adoption is still lagging that investment pace, which means the deflationary offset remains ahead while the capital required to build out the infrastructure is already working through the economy.
The spending arrives before the savings The data center build-out demands sustained capital investment.
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