Dossier
Patrick Moran
Coverage of Patrick Moran in the Nexus archive.
- The Fed doesn’t know who’s financing the $3 trillion AI boom
The rapid $3 trillion global AI boom presents immediate challenges, particularly concerning its large, rapidly evolving financing ecosystem whose vulnerabilities are poorly understood. The article warns that policymakers should not treat all buildout pressure as an inflation problem requiring higher interest rates, as overly restrictive monetary policy can stunt necessary investment and innovation. Ignoring the financial architecture of this boom could inflict permanent damage on American productivity and competitiveness.