’There’s an AI bubble’ - but what happens when it bursts?

Nvidia's the first company to be worth more than $4trilllion, developers are being offered salaries in the billions, and companies that don’t even have a product are securing investments beyond their wildest dreams. Yet there were reports this week that Meta could downsize its AI division. Our resident silicon valley watcher says there's an AI bubble, and looks back to the dot com boom and bust, for answers on what happens when it bursts.

This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestory

Guest: Danny Fortson, US West Coast correspondent, The Sunday Times.

Host: Luke Jones.

Producer: Olivia Case.

Read more: Silicon Valley’s AI-fuelled madness has echoes of the dotcom crash

Listen to Danny every week on The Times Tech Podcast

Clips: First Post, YouTube / @InvestDive, Bloomberg, YouTube / Meet McKay, CNBC, YouTube / 100xEngineers, BBC, YouTube / Budding, Pets.com, MSNBC, YouTube / @scalacodeIN, Stanford eCorner, CNET, YouTube / @fortune.

Photo: Getty Images.

Get in touch: thestory@thetimes.com

This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here.

Hosted on Acast. See acast.com/privacy for more information.