Artificial Intelligence (AI): Economic Transformation, Politics Brewing

By Steve Goreham — April 2, 2026

“Amazon, Google, Meta, Microsoft, and Oracle have announced AI capital spending plans totaling $650 billion this year, up 70% from 2025 and up 650% from 2020. This single-year spending total is larger than the individual Gross Domestic Product of 168 nations.”

“Economy-transforming artificial intelligence faces a rising battle between the Trump administration and progressive environmental groups, a major issue for the mid-term elections.”