AI’s costly buildout complicates the Fed’s inflation fight: deep dive with @mattbpete 💸 Silicon Valley leaders have hyped the deflationary and productivity effects of the AI boom. In the near term, none of those economic dreams are close to being realized.. Instead, AI is hitting a wall of corporate inertia as it spreads out into the economy — causing some near-term inflation and producing little evidence of a sustained productivity boom. It poses a dilemma for the Fed, which needs to make decisions about how to manage inflation. More on @CNBC this morning: https://www.cnbc.com/2026/08/12/ais-costly-buildout-complicates-the-feds-inflation-fight.html(Kate Rooney)