Derek Thompson

Let's say that in the next few years,

Your gauges move from the green to the yellow to the red.

And you and me and Paul and everybody else in the world, everybody agrees that we are looking at a definitive bubble.

What do you think a bust in AI looks like?

I like how you added sort of a third door for listeners and for myself to open.

If door number one is AI is a bubble and it's a catastrophe, and door number two is AI isn't a bubble and it's fine, you've outlined door number three.

AI might be a bubble and that's okay too.

that in the short run, we will have a price correction, but that price correction will, just as with the dot-com bubble, essentially create cheaper infrastructure for other companies to build something like the YouTubes and Netflixes of the future that took advantage of fiber optic cable that was late in the 90s, early 2000s.

And we will be grateful for this build-out, just as we are grateful for many bubbles that have happened in American history.

I'm not telling...

listeners or you or myself what door to walk through, but it is interesting to consider all three doors.

Azim Azhar, thank you very much.

It's been my pleasure.

Thank you.

Thank you for listening.

Plain English is reported and hosted by me, Derek Thompson.

This episode was produced by Devin Baraldi and Kaya McMullen.

If you like what we're doing here, please rate and subscribe.

New episodes drop every Tuesday and Friday.

To be totally honest, Kelly, I've been listening the last 10 minutes of this show. I cannot believe what I'm listening to. I heard your last guest say if the economy shrinks, that's good. If the stock market goes down, that's good. If the housing market crashes, that's good. If there's a trade war, that's good.