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Ernie Tedeschi, industry influencer, discusses the potential impact of changes in artificial intelligence-related capital expenditures on U.S. economic growth. He states that while a slowdown in AI-driven capex would pose a headwind, it is unlikely to cause an economic catastrophe. Instead, real U.S. GDP growth could decrease from 2% to around 1.5-1.75%.
Tedeschi has previously examined softness in other U.S. sectors. He reported that grocery store margins fell to near 25-year lows in 2025. He also noted nominal wage growth was higher for lower-income groups than upper-income groups in early 2026.