David Sacks says AI drives 75% of US first-quarter GDP growth

9 articles · Updated · Fortune · May 4

The former Trump crypto and AI adviser said on X that halting AI progress would be equivalent to stopping the US economy.
Bureau of Economic Analysis data showed AI-linked business investment added about 1.52 percentage points to 2% quarterly GDP growth, outpacing consumer spending's 1.08-point contribution.
The report contrasts with administration promises of a manufacturing-led boom, as job growth remains weak and many AI-related jobs are concentrated in temporary data-centre construction.

If AI is fueling 'golden age' GDP growth, why are many workers being left behind in a 'jobless' economy?

Is the AI economic boom a sustainable revolution or a productivity bubble that is waiting to pop?

With AI threatening office jobs, are skilled trades like robotics the safer career path for the next generation?