LinkedIn cofounder says AI infrastructure is the 'only reason we're not in a recession'

LinkedIn cofounder says AI infrastructure is the 'only reason we're not in a recession'

Reid Hoffman says he's thankful for the data center buildout in the US, while many Americans are souring on it.

Reid Hoffman Says AI Spending Alone Is Keeping the US Out of a Recession

LinkedIn cofounder Reid Hoffman told Business Insider that AI infrastructure spending is "the only reason" the US isn't in a recession, days after a weak September jobs report. Economists and the Bank of England governor are separately warning the AI spending bet itself may not hold up.