AI is a bubble financed by debt
The guest argued AI is a bubble, distinct from the dot-com era because it is being financed with high-interest debt, creating systemic leverage risk.
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The Callback
US Treasury yields headed to 10%
44 weeks between these two statements.
Then
The guest argued the current AI boom exhibits the same extreme euphoria and disregard for financial fundamentals that characterized the dot-com bubble.
THE KNOWLEDGE PROJECT · 28 OCT 2025 · 20:00Open in Zortix →
Now
The guest argued AI is a bubble, distinct from the dot-com era because it is being financed with high-interest debt, creating systemic leverage risk.
MONETARY MATTERS WITH JACK FARLEY · 3 SEP 2026 · 1W AGO · 56:28