Is There an A.I. Bubble? And What if It Pops?

The podcast discusses the current state of the AI boom, noting Wall Street's growing skepticism about an AI bubble despite Silicon Valley's continued massive investments in the technology. Cade Metz explains that tech companies are driven by the potential for transformative advancements, particularly the pursuit of artificial general intelligence (AGI), but this pursuit requires enormous capital, raising concerns about debt and systemic risk, drawing parallels to both the dot-com and housing bubbles. While acknowledging the potential for a significant fallout if the bubble bursts, the podcast also points out the historical precedent of the dot-com era, where long-term benefits emerged despite initial failures, and it raises questions about whether the future Silicon Valley is building is one that society actually wants.