Jeff Guo
👤 SpeakerAppearances Over Time
Podcast Appearances
Yes, all this AI stuff, like Microsoft and Amazon and Meta.
People are calling them the Magnificent Seven.
It's so wild.
Yeah.
Yeah.
All of that, it kind of makes you nervous, right?
Because if this AI stuff turns out to be a bubble, it's like the biggest bubble our economy has seen in years.
And we all know what happens eventually to bubbles.
Or do we?
Ooh, intriguing.
Hello and welcome to Planet Money.
I'm Nick Fountain.
And I'm Jeff Guo.
Today on the show, are we in a bubble right now?
Is it even possible to tell if you're in a bubble?
And if you are in a bubble, what does that mean for the rest of the economy?
Now, the textbook definition of a bubble is that it's when people start buying and selling something at prices way above what it's actually worth.
When the price is so high, it just doesn't make any sense at all.
It's something where you're like, why are people paying so much money for this thing?