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Eric Hovde: “Capital expenditures have exploded. They're going to be…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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AI in 2025

Published | Video Starts at 02:11

Well, let's go ask AI. It literally told us it was amazing. Battery acid? Yeah, not good. I got a big stain in my inside, inside our garage. So it's … Capital expenditures have exploded. They're going to be spending projecting trillions of dollars over the next five years of AI spent capex spend. … And we'll get to it. And how it's been financed so far is very questionable. It's this big circular financing by a handful of companies that are all doing deals with one another. (02:11–02:35)

CLAIM

Asserts that trillions of dollars will be spent on AI capital expenditures over the next five years.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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