Also in this episode: Durable goods orders, the price of gold, and we tour an urban AI data center.
U.S. dollars and treasuries seem to be losing their luster, comparatively.
New durable goods orders shot up more than 5% in November, according to delayed federal data.
While people may find the tools useful and impressive, many simultaneously worry about job displacement, deskilling, the breakdown of human connection, and the rise of data centers.
As AI increases demand for data centers, many will get built in dense metropolitan areas close to where people live and work.