There’s an article (gift link) out today in The Wall Street Journal about infrastructure spending on AI and data centers. We know the stock market is fueled, dominated by the AI boom. We know about the politics of data centers. But the details here, largely based on a recent Brookings study really boggle the mind. I’m going to share two charts to illustrate the story. But the gist is that AI is already year over year the biggest infrastructure build in American history, dwarfing the US highway system, the data transmission build out for the internet, canals and being substantially bigger than the railroad buildout in the years after the Civil War. And by many measures the entire economy is now dominated by AI spending. Not only is the non-AI economy doing pretty poorly, at least showing less spending than before. But to a great degree that’s because AI spending is crowded out other spending and driving up prices. (If you’ve tried to buy a computer or computer memory recently you knows this.)

I’m going to share a few charts.

In case you’ve missed it, we relaunched our Weekender newsletter earlier this year, adding some fun recurring segments (trivia! “This Effing Guy!”) and refocusing it on the “funny, surreal, and strange in U.S. politics and culture.” I joined publisher Joe Ragazzo this afternoon for a little preview of tomorrow’s Weekender, which will categorize the different ways Republicans are trying to cope with their grim prospects in the midterms.

We also touched on kid stuff (I’m about to have my second), tattoos, the prospect of an AOC 2028 presidential run, and some other fun topics. Check out the full live below, and see more TPM conversations on our YouTube channel.