Fed's Goolsbee: AI hype could cause even more tech sector investment, which would risk overheating.
Fed's Goolsbee: AI hype could cause even more tech sector investment, which would risk overheating.
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Goolsbee warns AI data-center boom could overheat U.S. economy
Chicago Fed President Austan Goolsbee said rapid AI data-center expansion is creating pressure on construction labor and equipment and could add to services inflation, raising overheating risks.