Dr. Steven Novella
speaker
10,556 appearances
17 recordings
2 series
first heard Mar 2026
last heard 6d ago
Dr. Steven Novella’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 17 in all, peaking in Aug 2026 with 5.
Appearances
But the way I had it explained to me – actually, it was one of our friends who was an investment guy –
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Remember, stocks are based on two things.
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There's the actual value of the company, its assets, its revenue, and then there's speculation about its potential in the future.
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When speculation gets too far ahead of reality, that's when you have a bubble, right?
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So we are absolutely in the massively speculative phase of AI.
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And it's no question that that's causing a bubble because of that.
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At some point, there's a quote-unquote correction, right?
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Now, that correction is when you get back to a proper balance of the actual value of the company, like its profits and its assets versus speculation.
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The question is, is the correction going to cause a recession or even a depression, right?
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Yeah.
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Hopefully it won't get that bad.
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But that's what happened in 1929, right?
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There were other problems too.
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There were regulatory problems that we've hopefully fixed this time around.
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But a lot of economists are worried that there's some similar things going on now that we have to be careful about.
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But that could become a self-fulfilling prophecy.
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That's why bubbles burst, right?
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Everyone's getting in to make money.
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And then as soon as people think that it's going the other way, there's a rush for the door.
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And then it collapses.
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Showing 81–100 of 10,556 · page 5 of 528
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