"The U.S. GDP in 2024 was $ 29.18 trillion, estimated to grow by 1.8% in 2025, Eisman said. That 1.8% growth is worth about $530 billion. But if you were to add the AI infrastructure spending by Magnificent Seven companies like Google, Amazon, and Microsoft, it would total about $400 billion, by Eisman's calculations, meaning if you were to subtract that sum from the projected growth of the U.S. GDP, it would amount to very little."
"A wealth of economists and tech giants have warned of an expanding AI bubble as investments in the technology mount with little robust evidence so far of the technology's transformative ability. As concerns over little job growth and creeping inflation grow, so, too, does worry about the health of the U.S. economy. Signs of a limping consumer piles onto these fears."
U.S. GDP in 2024 was $29.18 trillion with an estimated 1.8% growth in 2025, about $530 billion. AI infrastructure spending by major tech firms totals roughly $400 billion, leaving minimal underlying growth — roughly 50 basis points outside AI. Numerous economists and technology leaders warn of an expanding AI investment bubble amid limited evidence of broad transformative impact. Consumer indicators show rising stress: household debt increased by $185 billion to $18.39 trillion in Q2 2025, auto loan balances rose by $13 billion to $1.66 trillion, and student loan balances inched up $7 billion to $1.64 trillion, indicating pockets of weakness across consumer sectors.
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