Daily Alpha · Substack
· Premarket Alpha · by Buzzberg Research
The strongest public Substack evidence challenged a simple AI job-loss narrative by tracing hiring into the physical buildout.
Themes on this desk
Physical AI labor
Data-center construction is lifting demand for electrical contractors and equipment manufacturers even as AI slows some back-office hiring.
AI infrastructure driving physical labor demand
Contrary to fears of job displacement, AI is acting as a net job creator, particularly in physical infrastructure sectors like electrical contracting and equipment manufacturing, which have seen employment growth significantly above trend.
The massive build-out of data centers creates sustained demand for physical infrastructure services and equipment, providing a tangible economic tailwind for companies in these sectors.
Watch Monitor employment and wage growth data in electrical contracting and industrial equipment manufacturing as a proxy for the pace of data center infrastructure expansion.
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