Reid Hoffman credits AI data center investment with preventing US recession

Reid Hoffman, who co-founded LinkedIn, said on Friday that AI investment is stopping the US economy from going into recession. He made the comment on a podcast called "Newcomer."

Hoffman said that huge amounts of money are flowing into building AI data centres across the country. He believes this construction work is creating jobs for many people, including electricians, carpenters, and lawyers. He said this money is spread around the country, not just concentrated in a few tech hubs.

He also said that most of this investment goes into physical construction rather than directly to technology companies. Hoffman added that data centre developers should treat local communities fairly when they build in new areas.