
THE FLIP: Data Center Construction Spending Jumps 2,200%—Soon to Cost MORE Than ALL U.S. Office Construction Combined!
the staff of the Ridgewood blog
Ridgewood , NJ – The debate over the massive investment required to power the Artificial Intelligence (AI) revolution is reaching a fever pitch. While critics like investor David Einhorn caution that the boom risks “a tremendous amount of capital destruction,” AI leaders like OpenAI’s Sam Altman argue that today’s spending—even hundreds of billions—will “look slow” in hindsight.
But beyond the rhetoric, new data shows the staggering speed at which this infrastructure shift is happening on the ground, literally changing the landscape of commercial construction.