Michael Lewis
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Appearances Over Time
Podcast Appearances
it's still, people were angry, but not that angry.
And not angry enough to go lynch the people, but they were worried about that.
So the complicating factor is they themselves were kind of trying to do something about it
once they figured out the real implications of the situation.
I mean, the big feature of the 2008 crisis was the disguising of risk.
All the complexity in the financial instruments disguised what these people were doing.
And so it was hide the risk.
It took some digging to see just how sort of unstable the situation was.
This is wide open.
This is right out in the open.
You know how much people are spending on AI.
You know, they're making, it feels more like the internet boom, right?
Like everybody, they're saying the world has changed.
It's going to be completely new.
This is transformative.
Everybody's going to make a fortune off of AI.
We need to pour all this money into AI.
It's a bet.
It is, but it's a bet we all know they're making.
And that, it feels like, I mean, my, I, who knows what's going to happen?