Event Details - US Economic Conditions and the AI Capex Boom

Overview

Artificial intelligence is rapidly moving from a technological innovation to a major driver of economic activity. As businesses commit substantial capital to AI infrastructure, the resulting economic effects are beginning to extend well beyond the technology sector.

Join us as José Torres, Senior Economist at Interactive Brokers, former US government economist, and a regular contributor to Bloomberg, CNBC, and CNN, explores how AI investments are reshaping the economy and the implications this has on consumer sentiment, the labour market, and the housing market. He will also touch on how the AI infrastructure buildout affects trade with Korea and Taiwan. William So, CFA, Institutional Sales at Interactive Brokers Canada, will moderate an interactive Q&A conversation.

José Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, José spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, José frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s.

José has also been a professor of economics at the City University of New York and holds a master’s degree in financial economics from West Texas A&M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.