Part 5/12:
This development underscores a broader trend: the rapid expansion of AI infrastructure. According to Harvard economist Jason Ferman, the explosion in data center construction for AI has been a key factor preventing stagnation in economic growth in early 2025. AI data centers fuel the development and deployment of increasingly powerful models, creating a self-reinforcing cycle where more compute leads to better models, which in turn drive demand and investment. This dynamic suggests that the AI infrastructure buildout might not be a bubble but rather an ongoing foundation for sustained growth—perhaps even a new engine for the global economy.