Analyst: The AI boom has posed a major challenge to assessing macroeconomic conditions.

Jin10 Data, November 10th: After the US government shutdown ended, the return of US economic data may not help clarify the macroeconomic situation, as the AI boom and trade distortions cast a shadow over it. Federal Reserve’s Harker pointed out that the surge in AI investments and related stock prices complicates the issue, as it creates a binary economy where high-income and asset holders benefit, while cost-of-living pressures still trouble most people. The Institute of International Finance (IIF) report shows that AI-related capital expenditures are growing rapidly, but the statistical classifications are vague, making it difficult to quantify some productivity and innovation effects. IIF states: “Investment and trade data jointly highlight a deeper structural shift: the US economy is becoming more intangible.” However, for investors, betting heavily on the future of artificial intelligence still seems to be the only option. The true economic impact may only become apparent years later.