Paul Kedroski
speaker
68 appearances
1 recordings
1 series
first heard Oct 2025
last heard 28 Oct
Paul Kedroski’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 — 1 in all, peaking in Oct 2025 with 1.
Appearances
And that's why I find it a bit strange when people say, oh, you know, it'll all work out because we'll have something left behind.
And it's
It's as if they always ignore the idea that all financial bubbles have consequences, whether it's wealth destruction because stock markets decline or whether it's because misallocated money causes money to go to one place rather than somewhere else.
So if you're just holding an index fund and thinking you're being very conservative, you're actually soaking in AI right now.
So if everything reverses, goes 20% or 30% in the other direction, you're much poorer than you were, and that'll change your spending, and that has implications for recessions.
No, no, that's not the case.
That's kind of a line of patter from the technology community and others in other bubbles, but the reality is almost every financial, every technology revolution causes huge damage and can take decades before we get back to where we were before.
And as the famous line in economics goes, in the long run it may work out, but in the long run we're also all dead.
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