Austan Goolsbee is worried about AI inflation

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Austan Goolsbee is worried about AI inflation

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The prices of land, power, construction equipment, and the laborers to run them are soaring, thanks to the AI data-center boom. That inflation now threatens to spill over into the rest of the economy, the president of the Chicago Fed warns. Liz and Rohan sit down with Austan Goolsbee to discuss AI inflation, whether the hyperscalers even care about interest rates, and whether the Fed should care about a world where robots do all the jobs. Sign up to get the Semafor Business briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

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