America is experiencing a surge in productivity growth, driven by rapid adoption of artificial intelligence and other technologies. This productivity miracle is boosting economic output without proportionally increasing labor input, helping to keep inflation in check even as the job market remains strong.
Gary Marcus argues that China has made significant progress in AI and technology, catching up to or surpassing the US in key areas. He suggests that US policymakers have been overly focused on safety concerns while neglecting the competitive threat posed by China's rapid advancements.
Anthony Pompliano tweets that America is the world's energy capital, reacting to a video of Jensen Huang stating that the amount of energy needed for computing will likely be 1,000 times greater than current levels.