That capital is the only reason we're not in a recession
31 October 2026 (The Times of India). Reid Hoffman, LinkedIn cofounder, on the Newcomer podcast in October 2026, defending the scale of AI datacenter capital spending against recession fears.
AI and money · AI and politics · 2026
Who else?
What it refers to: AI datacenter construction spending on electricians, carpenters, and real estate development across the US economy.
Other voices
- “Data centers are going to destroy our communities, flat out” Elijah Lee,
- “A technology of, by and for oligarchs” Paul Krugman, Researcher,
- “The most optimistic number on somebody's spreadsheet” Lindsey Short,
- “The correction is coming to AI” Charles Gasparino, Writer,
- “They REALLY don't want to live near datacenters” Dario Perkins,










