Is there a stock market crash coming?

This podcast episode addresses a listener's question about whether the current AI boom constitutes an economic bubble. Host Nathan Gower, from the "More or Less" podcast, introduces insights from financial experts Simon French (Chief Economist at Panmure Liberum) and Katie Martin (markets columnist at the Financial Times). They discuss the significant rise in global stock markets, particularly the technology sector, noting that $30 trillion has been added to global shares, with $12.5 trillion attributed to tech. The Shiller Price Earnings Ratio, currently around 40 times earnings in the US stock market, is highlighted as a metric previously seen only during the dot-com bubble. The experts draw parallels to the dot-com era, mentioning the concentration of market value in a few "magnificent seven" tech stocks and the rally in non-profitable technology companies, which raises concerns about a potential bubble. However, they also caution that timing the market is difficult, emphasizing that even experts cannot definitively predict when a bubble might burst.