The AI bubble

人工智能泡沫

Today, Explained

2025-10-29

25 分钟
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And what happens when it pops. This episode was produced by Avishay Artsy and Kelli Wessinger, edited by Amina Al-Sadi, fact-checked by Laura Bullard, engineered by Adriene Lilly and Patrick Boyd, and hosted by Noel King. Enormous valuations across the AI industry are raising questions of a bubble. Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices
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  • Are we in an AI bubble?

  • A simple answer is we better hope not.

  • You are far too young to remember Tulip Mania in 1637, Google it,

  • but perhaps you remember the housing bubble that caused the 2008 great financial crisis.

  • It was the worst day on Wall Street since the crash of 1987.

  • Shock and panic evident on the faces of those on the trading floor.

  • How many of you When bubbles pop, there's pain.

  • But while consensus is growing that we are in an AI bubble,

  • there's a fight raging over what type of AI bubble we're actually in and what will happen when she goes pop. What to keep your third eye open

  • for coming up on Today Explained. 15 years ago I was very pessimistic.

  • I was very much in the world doomed because of climate change and there's no way we're going to solve this.

  • Now I'm framed as the kind of optimistic person on climate.

  • A lot of it has come from stepping back to look at the data.

  • So what does that data look like?

  • Find out this week on The Gray Area, hosted by me, Sean Elling.

  • New episodes every Monday, available everywhere.

  • This week on Version History, the Verge's new chat show about old technology.

  • We're talking guitar hero.

  • You know, the game that we all spent countless hours standing in our living rooms,

  • hammering away on a plastic guitar, just trying to be rock stars.