Could the AI bubble burst sooner than expected?

In economic terms, a speculative bubble refers to a situation in which the price of an asset becomes heavily overvalued. An asset could be anything from company shares and property to cryptocurrencies. But eventually, reality catches up. Investors begin to realise the asset isn’t actually worth as much as they thought, confidence fades, and many rush to sell. When everyone sells at once, prices collapse, leading to what’s commonly known as a crash. But what exactly is a speculative bubble? Have there been bubbles like this before? Does the consensus say that AI is a bubble then?In under 3 minutes, we answer your questions! To listen to the latest episodes, click here: Which jobs are most under threat from artificial intelligence? What does the popcorn index teach us about the economy? Why don't prices fall when inflation slows?⁠ A Bababam Originals podcast written and realised by Joseph Chance. Learn more about your ad choices. Visit megaphone.fm/adchoices