{"id":30813,"date":"2025-09-09T23:36:43","date_gmt":"2025-09-09T23:36:43","guid":{"rendered":"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=30813"},"modified":"2025-12-19T16:53:42","modified_gmt":"2025-12-19T16:53:42","slug":"spending-boom-boom","status":"publish","type":"post","link":"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=30813","title":{"rendered":"Spending Boom Boom &#8230;"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><\/figure>\n\n\n\n<p class=\"has-bright-blue-color has-text-color has-link-color has-medium-font-size wp-elements-ff13f71b3ed59741c3c5d3cfb79fa2c2\">Court Painter typically makes the big bucks painting portraits of the powerful and infernal, however he has undertaken for your viewing pleasure- pro bono!, the Herculean task of rendering the leading AI Tech Giant CEO&#8217;s responsible for all this AI rigmarole boom and spending boom.<\/p>\n\n\n\n<p class=\"has-medium-brown-color has-text-color has-link-color wp-elements-08728ac10556abc7acb489ac6e229bb3\">Editors note: The images have not been generated by AI prompts. Just so you know!<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-J-Zuckerberg-1.jpg\" alt=\"\" class=\"wp-image-30844\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-J-Zuckerberg-1.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-J-Zuckerberg-1-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-J-Zuckerberg-1-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Mark Zuckerberg (<strong>Meta<\/strong>)<\/p>\n\n\n\n<p class=\"has-bright-red-color has-text-color has-link-color wp-elements-a155b2c0c8a181c2e33cdc118e569d6b\">The&nbsp;<strong>top circle of AI tech giant CEOs in 2025<\/strong>&nbsp;looks like this: dispersed tastefully throughout this posting.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-b05edb27d68889a76374956f97e21fc0\">Sundar Pichai (<strong>Alphabet\/Google<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-20b90b04334bdf4189e2088d75a8df55\">Satya Nadella (<strong>Microsoft<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-745d63e0b8a4d79f9f41c62ceb05f708\">Sam Altman (<strong>OpenAI<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-04318e14f3ace434570867c892b9484b\">Mark Zuckerberg (<strong>Meta<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-53d452c5db6acd0e866d739b78a5b60c\">Andy Jassy (<strong>Amazon<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-3859cbbece3378f0cfa48ae0b3219a50\">Jensen Huang (<strong>NVIDIA<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-10906f9c747ed58d1371dcbd8d4dbbdc\">Dario Amodei (<strong>Anthropic<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-e7e0552700a929c4ad155b771e9f2cf3\">Tim Cook (<strong>Apple<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-4ab1fb1dfdbbfc9a96765ade1f08dd61\">Elon Musk (<strong>Tesla\/xAI<\/strong>)<\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color wp-elements-ccd2f83a964a9fb828cf1c629c541544\">Arvind Krishna (<strong>IBM<\/strong>)<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-sam-altman.jpg\" alt=\"\" class=\"wp-image-30845\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-sam-altman.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-sam-altman-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-sam-altman-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Sam Altman (<strong>OpenAI<\/strong>)<\/p>\n\n\n\n<p><strong><em>Click link for article<\/em><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.axios.com\/2025\/09\/09\/data-centers-ai-spending-boom\">https:\/\/www.axios.com\/2025\/09\/09\/data-centers-ai-spending-boom<\/a><\/p>\n\n\n\n<p class=\"has-white-color has-bright-blue-background-color has-text-color has-background has-link-color wp-elements-56771cbc35937f2b626a12875ac2051b\">Selected excerpts from September 9\/25 Axios Technology article <strong><em>What AI&#8217;s spending boom is really buying<\/em><\/strong> by Scott Rosenberg<\/p>\n\n\n\n<p class=\"has-bright-blue-color has-white-background-color has-text-color has-background has-link-color has-medium-font-size wp-elements-229908d7c7f9f50a0e7793cf3cd5bc9f\">Tech giants&#8217; astronomical spending on <a href=\"https:\/\/www.axios.com\/2025\/03\/21\/ai-nvidia-datacenters-investment\">AI infrastructure<\/a> comes with a colossal hedge: In a crucial way, it&#8217;s not really spending on AI at all.<\/p>\n\n\n\n<p class=\"has-bright-blue-color has-white-background-color has-text-color has-background has-link-color has-medium-font-size wp-elements-9e6dd35e01057e0477ac838153d73044\">Why it matters: Most of the hundreds of billions of dollars in AI-related capital investment today is going into <strong>computing power, hardware and buildings \u2014 <\/strong>assets that will retain real value even if AI itself never pays off.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"716\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-Elon-with-Trump-logo-768x550-1.jpg\" alt=\"\" class=\"wp-image-30843\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-Elon-with-Trump-logo-768x550-1.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-Elon-with-Trump-logo-768x550-1-300x215.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-Elon-with-Trump-logo-768x550-1-768x550.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Elon Musk (<strong>Tesla\/xAI<\/strong>)<\/p>\n\n\n\n<p class=\"has-bright-blue-color has-text-color has-link-color has-medium-font-size wp-elements-76da0ede94b60717f2d8791414e046a2\">The bottom line: On the financial landscape as seen from the Big Tech boardroom, a data center project looks like just <strong>another useful way to park some billions.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-bright-blue-color has-text-color has-link-color has-medium-font-size wp-elements-57ac04b7609913b15412e46836a69ddc\"><strong>If AI keeps booming, the companies will have capacity to keep up.<\/strong><\/li>\n\n\n\n<li class=\"has-bright-blue-color has-text-color has-link-color has-medium-font-size wp-elements-105c4bf2b2bb13aeaac500ca8b9ba7ac\"><strong>If it goes bust, they have computing assets they can retool to support whatever comes after AI.<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-.S-Pichal.jpg\" alt=\"\" class=\"wp-image-30842\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-.S-Pichal.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-.S-Pichal-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-.S-Pichal-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Sundar Pichai (<strong>Alphabet\/Google<\/strong>)<\/p>\n\n\n\n<p class=\"has-bright-blue-color has-white-background-color has-text-color has-background has-link-color has-medium-font-size wp-elements-cb3858b5a267c47af80fedc19c9a2cb9\">Our thought bubble: Data center projects can spike construction jobs but they&#8217;re lousy at <a href=\"https:\/\/www.wsj.com\/tech\/ai-data-center-job-creation-48038b67\">creating long-term job growth<\/a>. As the well-known investor Nancy Tengler wrote Friday, &#8220;We believe companies are <strong>investing in technology instead of human capital.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-white-background-color has-text-color has-background has-link-color has-medium-font-size wp-elements-4f4bbc38381ada3f6aa50d636b72fd96\" style=\"color:#c50f06\">If only AI infrastructure spending were as effective at goosing employment as it is in training models, the U.S. economy might really benefit.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-Tim-Cook.jpg\" alt=\"\" class=\"wp-image-30841\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-Tim-Cook.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-Tim-Cook-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-Tim-Cook-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Tim Cook (<strong>Apple<\/strong>)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-S-Nadella.jpg\" alt=\"\" class=\"wp-image-30840\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-S-Nadella.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-S-Nadella-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-S-Nadella-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Satya Nadella (<strong>Microsoft<\/strong>)<\/p>\n\n\n\n<p class=\"has-bright-blue-color has-text-color has-link-color has-medium-font-size wp-elements-57779f6e8d7f69cd96ed4153867a35f3\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-D-Amodei.jpg\" alt=\"\" class=\"wp-image-30838\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-D-Amodei.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-D-Amodei-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-D-Amodei-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Dario Amodei (<strong>Anthropic<\/strong>)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-A-Krishna.jpg\" alt=\"\" class=\"wp-image-30837\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-A-Krishna.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-A-Krishna-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-A-Krishna-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Arvind Krishna (<strong>IBM<\/strong>)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-A-Jassy.jpg\" alt=\"\" class=\"wp-image-30836\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-A-Jassy.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-A-Jassy-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-A-Jassy-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Andy Jassy (<strong>Amazon<\/strong>)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-J.Huang_.jpg\" alt=\"\" class=\"wp-image-30839\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-J.Huang_.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-J.Huang_-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2025\/09\/Court-Painter-J.Huang_-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Jensen Huang (<strong>NVIDIA<\/strong>)<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Court Painter typically makes the big bucks painting portraits of the powerful and infernal, however he has undertaken for your viewing pleasure- pro bono!, the Herculean task of rendering the leading AI Tech Giant CEO&#8217;s responsible for all this AI rigmarole boom and spending boom. Editors note: The images have not been generated by AI &hellip; <a href=\"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=30813\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Spending Boom Boom &#8230;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-30813","post","type-post","status-publish","format-gallery","hentry","category-images","post_format-post-format-gallery"],"_links":{"self":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/30813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30813"}],"version-history":[{"count":28,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/30813\/revisions"}],"predecessor-version":[{"id":31905,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/30813\/revisions\/31905"}],"wp:attachment":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}