Keep pulling the thread on Jacob Helberg.
According to analysis cited by Jacob Halbert, AI infrastructure investment added a full percentage point to U.S. GDP growth in the last year, accounting for one-third of the total 3% growth.
National demand for energy in the United States is increasing for the first time since 2008, while the total electricity supply has remained flat over the same period.
Jacob Halbert predicts the U.S. and China will engage in an aggressive race to control the foundational AI architecture for the rest of the world.
Jacob Halbert believes the European Union's AI Act will prevent Europe from being a first mover in artificial intelligence due to its punitive regulations.
Capital expenditure (CapEx) investment in the U.S. currently exceeds 2% of GDP and is predicted to double by next year.
The United States has a 90% reliance on critical minerals refined in China and a significant dependency on semiconductors manufactured in Taiwan.
Jacob Halbert predicts that due to increased productivity and investment, the U.S. GDP growth band could shift from its historical 1-3% range to a new range of 3-5%.
Global defense spending reached a record high of $2.7 trillion this year, with 60% of that total coming from the US, China, Russia, India, and Germany.
Jacob Halbert alleges that the Chinese AI model DeepSeek achieved its performance by distilling model weights from OpenAI's closed-source ChatGPT and misrepresenting its compute capacity.
Europe's share of global GDP has declined from 65% in the early 20th century to approximately 33% in the 1980s-90s, and is now down to 15%.
China's strategy to dominate the rare earths market involves artificially depressing global prices to bankrupt Western refineries, after which it raises prices again.
The U.S. Department of Defense (DOD) established a $750 million strategic partnership with MP Materials to restart domestic production of rare earth magnets.