LinkedIn cofounder says AI infrastructure is the 'only reason we're not in a recession'

LinkedIn cofounder says AI infrastructure is the 'only reason we're not in a recession'

Reid Hoffman says he's thankful for the data center buildout in the US, while many Americans are souring on it.

U.S. Data Center Boom Is The Only Reason We’re Not In A Recession – LinkedIn’s CEO Reid Hoffman

LinkedIn co-founder Reid Hoffman is pushing back against growing opposition to the U.S. data center boom, arguing that the enormous flow of capital into artificial intelligence infrastructure is supporting economic activity well beyond the technology companies driving the spending. Speaking on the “Newcomer” podcast released Friday, Hoffman said the scale of investment in AI infrastructure […]

Reid Hoffman Says AI Spending Alone Is Keeping the US Out of a Recession

LinkedIn cofounder Reid Hoffman told Business Insider that AI infrastructure spending is "the only reason" the US isn't in a recession, days after a weak September jobs report. Economists and the Bank of England governor are separately warning the AI spending bet itself may not hold up.