Brookings pegs US AI buildout at $10.3T by 2032, or 3.6% of GDP a year

emmanuelvivier · x · 2026-09-25

A Brookings Papers on Economic Activity (Fall 2026) paper, "Financing the AI buildout" by Columbia's Stijn Van Nieuwerburgh, projects US investment in data center buildings and power infrastructure will total $10.3 trillion by 2032 — about 3.6% of GDP per year — and warns of correction risk. The paper examines how the AI construction boom is being financed.

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