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LinkedIn cofounder says AI infrastructure is the 'only reason we're not in a recession' - Business Insider

·Oct 3, 2026
Source: Business Insider
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Reid Hoffman says he's thankful for the data center buildout.

Many Americans are bristling over the data center buildout. Reid Hoffman says he's thankful for it. The LinkedIn cofounder said so during an appearance on the "Newcomer" podcast that was released Friday. Hoffman credited the huge amount of capital behind the AI infrastructure buildout for being "the only reason we're not in a recession. "He said "most of that capital" doesn't go to the areas where data centers are being built. "Most of that's more distributed across the country," he said. "That's great. "Hoffman said that in addition to powering the AI boom, data center construction also provides work for construction workers, electricians, carpenters, real estate agents, and lawyers. "All of this capital infusion, people think, 'Oh, that's just going to the tech companies,'" he said, adding that a "massive percentage of it is going towards data center construction. "Data centers have recently emerged as a source of bipartisan fury as midterm elections approach. Both Republican and Democratic governors have recently moved to curtail or restrict construction.

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