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.
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