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Podcast: Plain English with Derek Thompson
Episode: "Yes, AI Is a Bubble. There Is No Question."
Description: The AI buildout continues to break records, as the hyperscalers pour hundreds of billions of dollars into chips and data centers, even as investors punish their stock prices. But the revenue side of the ledger is showing signs of takeoff. In the last few weeks, OpenAI and Anthropic have added billions of dollars of cash, on their way to becoming two of the fastest growing companies in history.
Last year, Derek was convinced that AI was on its way to being one of the biggest bubbles in modern capitalism’s history. But the torpid rise of AI ag...