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AI Boom Could Fuel Global Prosperity | Bend News
Former Fed official Kevin Warsh calls the AI boom a revolution, likening it to being in the early innings of a game—and he’s bullish on its potential to create jobs, boost productivity, and fuel global economic growth. Recent data backs his optimism: AI investment drove nearly two-thirds of U.S. GDP growth in the first half of 2025, outpacing consumer spending. Big companies are pouring money into AI infrastructure, sending AI chip stocks soaring—Micron up 265%, SanDisk up 750%. While AI hasn’t yet generated revenue to match its costs, Warsh predicts a major shift in sentiment within six…
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