On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the AI boom and how much the U.S. economy currently depends on AI spending during these uncertain times.<br /><br />Read the full story on Forbes: <br /><br />Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br /><br />0:00 - Introduction: The AI Boom's Double-Edged Sword<br />0:43 - How the AI Boom Started (Thanks, Nvidia)<br />2:32 - Is AI Saving the US Economy from Recession?<br />4:06 - The Uneven Gains: A Tale of Two Companies (Meta vs. Snapchat)<br />6:01 - Can the AI Boom Carry Us Through a Weak Economy?<br />8:02 - Will the Stock Market & Real Economy Diverge?<br />9:28 - The First Negative Effect: Skyrocketing Electricity Prices<br />11:39 - The Second Negative Effect: Will AI Cause Mass Unemployment?<br />13:46 - Conclusion: Benefit or Harm? How Will the AI Story End?<br /><br />Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br /><br />https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br /><br />Stay Connected<br />Forbes newsletters: https://newsletters.editorial.forbes.com<br />Forbes on Facebook: http://fb.com/forbes<br />Forbes Video on Twitter: http://www.twitter.com/forbes<br />Forbes Video on Instagram: http://instagram.com/forbes<br />More From Forbes: http://forbes.com<br /><br />Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
