This Is How the AI Bubble Could Burst

This Is How the AI Bubble Could Burst

This year, American tech companies will spend $300 billion to $400 billion on artificial intelligence, which is in nominal dollars more than any group of companies have ever spent to do anything. Notably, these companies are not remotely close to earning $400 billion on artificial intelligence. That's why you’re starting to hear some people wonder if the AI build-out is turning into the mother of all economic bubbles. The prospect of an AI bubble should scare us. Roughly half of last quarter's GDP growth came from infrastructure spending on AI, and more than half of stock market appreciation in the last few years has come from companies associated with AI. If the AI spending project blows up in the next few years, as our next guest says it might, the implications for technology, the economy, and politics would be immense. Paul Kedrosky is an investor and writer. Today we talk about the AI capex boom: how it works, who’s financing it, how its financing works. We put the AI build-out in historical context. And then we spend a great deal of time walking through what could go wrong and when it might go wrong. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Paul Kedrosky Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

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The Four Ways That America Is Polarizing

The Four Ways That America Is Polarizing

David Frum joins Derek to talk about rising and falling polarization by race, gender, education, and place—and what it tells us about America's strange new politics. Host: Derek Thompson Guest: David Frum Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

28 Dec 202138min

The Four Biggest Myths of the U.S. Economy. Plus, Omicron in 100 Seconds.

The Four Biggest Myths of the U.S. Economy. Plus, Omicron in 100 Seconds.

Morgan Housel, Collaborative Fund partner and author of the bestseller 'The Psychology of Money,' joins the pod to debate what we're getting wrong about inflation, the Great Resignation, robots, and investing. Host: Derek Thompson Guest: Morgan Housel Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

21 Dec 202146min

Elon Musk Is the Person of the Year. Who Is the Person of the Century?

Elon Musk Is the Person of the Year. Who Is the Person of the Century?

New York Times tech columnist Kevin Roose is back to talk about the Age of Elon, why tech’s most famous founders are acting so weird, and why I’m wrong about remote work. Plus, a 2022 prediction. Host: Derek Thompson Guest: Kevin Roose Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Dec 20211h 4min

The Elizabeth Holmes Trial With Rebecca Jarvis of 'The Dropout' Podcast

The Elizabeth Holmes Trial With Rebecca Jarvis of 'The Dropout' Podcast

Derek is obsessed with the trial of disgraced Theranos founder Elizabeth Holmes—and he hopes you are too. Days away from the trial's end, Derek and Rebecca review the most jaw-dropping evidence in the case, the cringiest text messages, the biggest wins for the prosecution, the best moments for the defense, and the larger meaning of the tech trial of the century. Host: Derek Thompson Guest: Rebecca Jarvis Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

14 Dec 202148min

Media Report Card! Biden Blues, Omicron Fears, Chris Cuomo, and a Celebrity Profile for the Ages

Media Report Card! Biden Blues, Omicron Fears, Chris Cuomo, and a Celebrity Profile for the Ages

Bryan Curtis from The Ringer’s ‘The Press Box’ podcast joins Derek to hand out grades to the news media for its coverage of Biden, the pandemic, and more.  Host: Derek Thompson Guest: Bryan Curtis Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

10 Dec 202144min

Work in America Is Broken—Can Remote Work Save Us?

Work in America Is Broken—Can Remote Work Save Us?

Derek talks to Anne Helen Petersen, the coauthor of 'Out of Work: The Big Problem and Bigger Promise of Working from Home,' about Americans' relationship to our jobs, work as an identity, and burnout as a policy choice. Host: Derek Thompson Guest: Anne Helen Petersen Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

7 Dec 202139min

BONUS POD: The Future of Democracy, the Media, and the Economy With Andrew Yang

BONUS POD: The Future of Democracy, the Media, and the Economy With Andrew Yang

In our first weekend special, Andrew interviews Derek about the state of the economy, and Derek interviews Andrew about the various plagues of U.S. politics. Host: Derek Thompson Guest: Andrew Yang Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

4 Dec 20211h 3min

The Bad Guys Are Winning

The Bad Guys Are Winning

Derek talks to The Atlantic's Anne Applebaum on the decline of democracy and the rise of a new form of authoritarianism in Russia, China, Europe, and the U.S. Host: Derek Thompson Guest: Anne Applebaum Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Dec 202152min

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