--- title: "AI boom fuels record spending but deepens economic divide" type: "News" locale: "en" url: "https://longbridge.com/en/news/286660222.md" description: "The AI boom has led to record spending, with top tech firms projected to invest $800B this year, increasing to $1.1T next year, representing over 3% of GDP. However, this growth has deepened economic divides, as around 10,000 AI insiders have gained over $20M each, while most workers see minimal benefits. Additionally, the AI gains obscure underlying economic issues such as tariffs, war, and sluggish consumer spending." datetime: "2026-05-17T03:59:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286660222.md) - [en](https://longbridge.com/en/news/286660222.md) - [zh-HK](https://longbridge.com/zh-HK/news/286660222.md) --- # AI boom fuels record spending but deepens economic divide Who’s getting richer?: Roughly 10,000 AI insiders have amassed over $20M each, while most workers see little benefit from the boom. Spending surge: Top tech firms are set to spend $800B on AI this year, rising to $1.1T next year — over 3% of GDP. Economic distortion: AI gains dominate markets but mask weaknesses from tariffs, war, and slow consumer spending. ## Related News & Research - [Trump could end up killing a key Canadian economic sector](https://longbridge.com/en/news/286606214.md) - [10 little cities that are becoming the next big thing in the US, according to data](https://longbridge.com/en/news/286652453.md) - [MoneyMasters Podcast: How AI Is Changing the Trading Game w/Tom Sosnoff](https://longbridge.com/en/news/286472626.md) - [Is artificial intelligence distorting the economy?](https://longbridge.com/en/news/286590702.md) - [5 ripple effects of a $10K stimulus check for every American, explained by ChatGPT](https://longbridge.com/en/news/286673464.md)