Even without widespread productivity gains, AI is drastically reshaping capital expenditure. The “hyperscalers”—the massive tech companies providing cloud and AI infrastructure—are driving an unprecedented spending boom. Analysts have revised their 2026 capex expectations for these tech giants to an astonishing $667 billion, a 24% increase from just the start of the earnings season and representing a 62% jump compared with 2025. Goldman Sachs anticipates that this AI spending will contribute roughly 1.5 percentage points to measured capex growth this year, though its net impact on overall GDP growth will be a minimal 0.1 to 0.2 percentage points owing to a heavy reliance on imported capital goods.
President Paul Biya, who has ruled Cameroon for more than 40 years, says his government has made significant efforts to resolve the conflict.
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“Despite the good intentions that may have given birth to that philosophy 50 years ago that everybody had to go to college or you’re completely doomed—they treated the trades as a consolation prize,” said Brian Huff, founder and CEO of for-profit training organization Midwest Technical Institute.