It may not be a bubble but the numbers in ai are bonkers. Last month, microsoft said it would allocate $80 billion in the 2025 fiscal year to create ai workloads data centers. The number of active satellites has tripled in five years and could reach 60,000 by 2030, fueling a booming space. The top 500 controls over $373 billion in net assets and contributes over $13 billion in income tax and gst each year The average age is 72 and the average wealth is over $300 million. The bottom half of the u.s
Population — or about 65 million households — collectively own just 2.4% of the nation’s wealth, or just under $4 trillion, according to federal reserve data A relatively new development, however, is the stratospheric levels of wealth of a handful of the country’s several hundred billionaires.
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