Home Business & Finance AI Is 'Huge Factor' In Success of US Economy, Says Stephen Moore
Business & Finance

AI Is 'Huge Factor' In Success of US Economy, Says Stephen Moore

Key Points

Stephen Moore, former senior economic adviser to President Donald Trump said that the AI industry is a 'huge factor' in the US economy given both the investment pouring into the space and the data center construction boom. Moore also discussed high oil and diesel prices, saying that as the price of energy rises so does 'everything else.' Despite high energy prices, Moore says he's bullish on the outlook for the US economy.

Stephen Moore, former senior economic adviser to President Donald Trump said that the AI industry is a 'huge factor' in the US economy given both the investment pouring into the space and the data center construction boom. Moore also discussed high oil and diesel prices, saying that as the price of energy rises so does 'everything else.' Despite high energy prices, Moore says he's bullish on the outlook for the US economy. (Source: Bloomberg)
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Originally published by Bloomberg Technology Read original →