Overview
- In a post on X, Elon Musk said double-digit U.S. GDP growth is likely within 12–18 months and that triple‑digit growth could be possible in about five years, attributing it to advances in applied AI and robotics.
- Official data show real GDP rose 4.3% year over year in Q3 2025, the strongest in roughly two years, with reports noting an S&P 500 intraday record after the release.
- Marc Andreessen applauded the growth push, while Mark Cuban warned about concentrated gains and called for an early policy discussion on “robot taxes.”
- Cuban endorsed a simple per‑hour levy on robots or cobots after Tomasz Wojewoda suggested shifting “tax the rich” to “tax the AI,” arguing such measures could address distributional strains.
- OECD and bank forecasts point to 1.5%–2.5% growth in 2025–26, and coverage highlights Fed commentary that AI‑related data‑center spending is supporting activity with gradual rate cuts possible in 2026.