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This episode takes a look at the hype surrounding AI and asks a simple question: Are we in a bubble? Spoiler alert: ABSOLUTELY. To make sense of it, I dig into the history of the dot-com boom and bust, walk through today’s AI financials, and explore what it might mean for companies, investors, and everyday people like you and me.
Main Topics Covered
- Audience Q: ChatGPT vs. Gemini
- What a bubble actually is
- Story of the dot-com bubble
- Today’s AI numbers: OpenAI and Anthropic
- How greed fuels investment
- Oracle’s $300B OpenAI deal and “jumping the shark”
- Neuro-symbolic AI and Gary Marcus
- Who loses when the bubble bursts
- How I used ChatGPT this week: Agent mode for car rentals