Doug Burgum
speaker
1,008 appearances
32 recordings
11 series
first heard Jan 2025
last heard 5 Jun
Doug Burgum’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 23 in all, peaking in Jun 2026 with 6.
Appearances
was able to run the economy very hot in the 90s.
And because it was the IT boom and we had this very powerful noninflationary growth.
And I think that it's highly likely we could have that now.
And so that kind of growth would bring down the deficit very quickly.
So it's a combination, and it's a barbells.
So I've been in Pittsburgh twice in the past four weeks
Four weeks ago, I went with President Trump when he announced the US Steel, Nippon Steel deal, substantial investment by Nippon Steel into an old, very important industry.
And then last week, on Tuesday, there was an AI summit
in in pittsburgh all the big players and pittsburgh is a natural location for ai lots of cheap energy carnegie mellon pitt are there and so it was very interesting to see the juxtaposition there but we are seeing this incredible capex the hyperscalers are
obviously been in an arms race, the big five, the big seven.
We estimate that that is approximately 1% of GDP a year.
Wow.
So $300 billion.
Wow.
That's being spent on AI.
And in my perfect world, which never happens, we would go through this big CapEx boom.
And then sometime in 26, the CapEx boom would hand off to a productivity boom.
You mean the AI boom?
Well, look, we've seen throughout history that technology can drive these things.
If you go back, I'll talk about the ones I was around for.
Showing 641–660 of 1,008 · page 33 of 51
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