Show Notes
The answer to whether AI is a bubble comes down to supply and demand. Is there enough demand to justify the enormous investment in chips and data centers? If businesses keep paying more for AI every year, the debt is manageable and the buildout will look visionary. If they don't, today's AI chips could be like trains built to serve towns that never materialized.
In a follow-up to Tuesday's episode, Derek Thompson talks with economist Ara Kharazian about who's actually paying for AI, why spending may be slowing, and what that could mean for the broader economy.
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Host: Derek Thompson
Guest: Ara Kharazian
Producer: Devon Baroldi
Additional Production Support: Ben Glicksman
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