Joe Weisenthal

Yeah, except we can't actually marvel at it because it's underneath miles and miles of the ocean.

But the other thing I was thinking about was, Samantha mentioned that there was a period where no new subsea cable was being laid, partially because it was a recession and people don't want to spend a lot of money, but also because it reminded me a lot of electricity in the power industry, where the loads needed by the population start to flatline.

And so we don't really invest in it for a while.

And then suddenly there's a technological advance, like AI, and suddenly we need to

We're all thinking about our electricity needs going up.

It feels very much like that.

Technology can be underhyped and overvalued at a single point in time.

That's right.

That's what I keep saying.

All right.

Shall we leave it there?

This has been another episode of the All Thoughts Podcast.

I'm Traci Allaway.

You can follow me at Traci Allaway.

And I'm Alexis Christophorus.

Bloomberg Surveillance also brings you the analysis behind the headlines.

We do that through conversations with the smartest names in economics, finance, investment, and international relations.

That's the Bloomberg Surveillance Podcast with Tom Keen, Paul Sweeney, and me, Alexis Christophorus.

Subscribe today, wherever you get your podcasts.

And I'm Joe Weisenthal.