$TAO
🚨🇺🇲 US technology CapEx spend has been massive 📢
In 2025, tech CapEx as a % of GDP nearly matched the COMBINED scale of the largest capital projects of the 20th century
This comes as Big Tech CapEx rose to ~1.9% of GDP last year 📢
By comparison, nationwide broadband development at the beginning of the century made up ~1.2% of GDP.
The rapid expansion of electricity in 1949, the Apollo Moon Landing project, and the Interstate Highway system in the 1960s each represented ~0.6% of GDP 📢
The Manhattan Project to develop the first atomic weapons in the 1940s totaled ~0.4% of GDP
The AI investment rush is unprecedented 👀
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