Despite United States President Donald Trump’s tariff and immigration policies roiling businesses , the US economy is relatively stable. Experts say the country can thank the artificial intelligence (AI) industry for that.

“AI machines—in quite a literal sense—appear to be saving the US economy right now,” George Saravelos of Deutsche Bank wrote to his clients at the end of September. “In the absence of tech-related spending, the US would be close to, or in, recession this year.”

Economist and Nobel laureate Paul Krugman has made similar observations in his Substack newsletter. AI companies are investing hundreds of billions of dollars into AI infrastructure and development, and other US companies are spending billions on AI products.

Just last month, a data centre in Abeline, Texas,

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