[WalterBright]

google [german gdb growth] says: "-0.2% annual change (2024)"

[omnicognate]

The "GDP Growth (Real)" column in the wikipedia article GP linked agrees, but it doesn't tell a story that justifies "Germany's GDP is shrinking".

[WalterBright]

See the graph "G7 Real GDP % change compared to pre-Pandemic level":

https://commonslibrary.parliament.uk/research-briefings/sn02...

The US has 13.3% growth and Germany 0.1%.

[bojan]

Two points:

1) GDP is, while very important, not the only measure of country's prosperity

And

2) how much of those 13.3% is being hoarded by a single-digit amount of companies?

[WalterBright]

> hoarded

Productive companies do not hoard wealth. They invest it. GDP is not a measure of wealth, it is a measure of production.

[tremon]

Softbank -> OpenAI -> Oracle -> Nvidia -> Intel -> Microsoft.

Over 1 trillion dollar invested in total. Where is the production?

[nickpp]

I (and most of the people I know) are happily paying for ChatGPT (or one of its competitors) every month. The value I get from it dwarfs the tiny fee.

[bojan]

> They invest it.

Where? Where is the growth in other sectors then?

[M95D]

Because of AI and it's indirect effects, such as electricity demand.

[mschuster91]

> The US has 13.3% growth

Without the incestous web of the AI bubble, the US would actually be in a recession, especially due to the tariffs.

[WalterBright]

Yes, if you overlook the productive companies, the economy is unproductive.