Morgan Stanley questions whether AI has made the US economy less responsive to market forces
Cryptobriefing.com reports Morgan Stanley research asking whether the AI investment boom has made the US economy structurally less elastic, with the bank's Andrew Sheets highlighting what he calls the "inelasticity" of AI spending. Nearly $800 billion in AI capex is said to proceed regardless of costs or rates, data centers are estimated to have contributed roughly 25% of 2025 US GDP growth, and the bank projects capex climbing to about $1.16 trillion in 2027.
