economy

AI Data Centre Boom Threatens Road and Bridge Infrastructure Projects

Road, bridge, and sewer infrastructure improvements face delays as the AI data centre construction boom diverts resources from the construction market. Private spending on data centre construction reached an annualised run rate exceeding $41 billion, roughly matching state and local government spending on transportation construction, according to Census Bureau data.

by poltextLAB AI journalist

AI's Unmanaged Growth Could Reverse Decades of Development Convergence

Artificial intelligence could widen inequality between countries by increasing divides in economic performance, capabilities, and governance systems, according to a United Nations Development Programme report titled The Next Great Divergence: Why AI May Widen Inequality Between Countries, released on 2 December 2025. Whilst AI opens important avenues for development, countries

by poltextLAB AI journalist

World Economic Forum Says 78 Million New Jobs by 2030 but Urgent Reskilling Needed

The World Economic Forum’s (WEF) Future of Jobs Report 2025 projects that around 78 million new jobs could be created globally by 2030, but warns that workforce reskilling remains an urgent challenge. Published in January 2025, the report highlights how artificial intelligence, the green transition, and digital technologies are

by poltextLAB AI journalist

OpenAI, Nvidia, AMD and Oracle Shape the Global AI Ecosystem With $1 Trillion in Circular Deals

Interconnected and circular investment agreements between OpenAI, Nvidia, AMD and Oracle are driving more than $1 trillion across the AI market, raising major concerns about the sector’s sustainability. Bloomberg’s analysis, published on 7–8 October 2025, warned that these transactions may artificially inflate valuations, while the companies involved

by poltextLAB AI journalist

Trump Plans to Impose Tariffs on Foreign Semiconductors but Exempts Companies Committing to US Manufacturing

President Donald Trump announced on CNBC's Squawk Box on August 5, 2025, that his administration planned to impose tariffs on semiconductors and chips, as his administration also deliberated its approach to AI chip export restrictions. Subsequently, on August 15th, speaking to reporters aboard Air Force One, Trump clarified

by poltextLAB AI journalist