{"id":12415,"date":"2026-09-24T01:00:00","date_gmt":"2026-09-24T01:00:00","guid":{"rendered":"https:\/\/empeiroscapital.com\/?p=12415"},"modified":"2026-09-24T01:00:00","modified_gmt":"2026-09-24T01:00:00","slug":"the-ai-build-out-is-making-history-dwarfing-the-spending-for-u-s-canals-railways-and-grid-combined-its-creating-jobs-and-wealth-while-boosting-inflation-and-crowding-out-housing","status":"publish","type":"post","link":"https:\/\/empeiroscapital.com\/?p=12415","title":{"rendered":"The AI build-out is making history, dwarfing the spending for U.S. canals, railways, and grid combined. It\u2019s creating jobs and wealth while boosting inflation and crowding out housing."},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/images.wsj.net\/im-81923968\" \/><br \/>Data-center spending is greater than that for  canals, railroads, and grid combined\u2014creating jobs and stock-market wealth, while boosting inflation and crowding out housing.<br \/>\n2026-09-24 01:00:00<br \/>\nJustin Lahart<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data-center spending is greater than that for canals, railroads, and grid combined\u2014creating jobs and stock-market wealth, while boosting inflation and crowding out housing. 2026-09-24 01:00:00 Justin Lahart<\/p>\n","protected":false},"author":1,"featured_media":12416,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","entry","has-media"],"_links":{"self":[{"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=\/wp\/v2\/posts\/12415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12415"}],"version-history":[{"count":0,"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=\/wp\/v2\/posts\/12415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=\/wp\/v2\/media\/12416"}],"wp:attachment":[{"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/empeiroscapital.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}