AI promises to make everything cheaper tomorrow, but it’s making things more expensive today. The AI investment boom is driving up costs for energy, land, infr...

AI promises to make everything cheaper tomorrow, but it’s making things more expensive today.

The AI investment boom is driving up costs for energy, land, infrastructure, and beyond. The Fed is taking notice.

The paradox: AI could eventually reduce inflation through productivity gains, but getting there may fuel inflation first.

The future may be deflationary. Building it is not.