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

人工智能泡沫?如果它破裂了会怎样?

The Daily

2025-11-20

25 分钟
PDF

单集简介 ...

After years of soaring optimism and colossal investment, Wall Street has begun to seriously question whether the frenzy for A.I. is justified. Cade Metz, who covers technology for The New York Times, explains why Silicon Valley companies believe so fervently in A.I. and why they’re willing to take enormous risks to deliver on its promise. Guest: Cade Metz, a technology reporter for The New York Times. Background reading:  Why debt funding is ratcheting up the risks of the A.I. boom.Amazon, Google, Meta, Microsoft and OpenAI plan to spend at least $325 billion by the end of the year in pursuit of A.I.Photo: Scott Ball for The New York Times For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
更多

单集文稿 ...

  • What happens when an ancient rose farm in France becomes an open-sky laboratory?

  • And how can a chasmatology program in India offer a road to economic empowerment?

  • Hi there,

  • I'm Isabella Rossellini and in the latest episode of This is Not a Beauty podcast from Loreal Group,

  • we speak to an organic flower farmer and a beauty school graduate and how beauty shapes business.

  • Listen now on your favorite podcast platform.

  • From the New York Times, I'm Natalie Ketrowef.

  • This is The Daily.

  • After years of soaring optimism and massive investment in the AI boom, in recent weeks,

  • Wall Street has begun to seriously question whether that optimism was overblown and whether we're actually in a bubble that may soon pop.

  • And yet, despite all that hand-ringing, Silicon Valley has only doubled down,

  • projecting total confidence about the hundreds of billions of dollars it's pouring into the technology.

  • Today, my colleague, Kate Metz, explains why.

  • Why tech companies believe so fervently in AI,

  • why they're willing to take huge risks to deliver on its promise,

  • and whether that bet could backfire.

  • It's Thursday, November 20th.

  • Kate, it seems like the conversation on Wall Street among investors in Silicon Valley,

  • even in Washington these days,

  • has gone from whether we're in an AI bubble to the general sense that,