Paul Krugman
speaker
467 appearances
13 recordings
5 series
first heard Nov 2025
last heard 3 Jun
Paul Krugman’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 — 13 in all, peaking in Feb 2026 with 8.
Appearances
And in this case, I think it's unusual that we have at least two obvious threats to the times we're in.
But all of this would take time to unwind.
So the numbers will continue to look good for the next two months at least.
Okay, I would actually mildly disagree with you on that because in 1999, we think about the conspicuously silly.
We think about pets.com and so on.
But, you know, that bubble was in large part telecoms companies rather than dot coms.
And the telecoms companies had real revenue and just not enough to justify the valuations.
And the technological, the technology actually did deliver.
Maybe not on quite the ethical scale that people had hoped for, but we really did get a decade of substantially accelerated productivity growth out of the technology.
So it was, it was real stuff.
What happened was that the idea that early movers and we're going to be able to, as we now say, build a moat around their position, that they were going to be able to earn sustained high profits.
turned out to be wrong.
And in many ways, we look similar now.
I think we're past the point of wondering whether AI is actually going to do anything useful.
We still don't know how much useful it's going to do, but it's clearly something real.
And there's real revenues coming in.
But on the other hand, the valuations are far, far above anything that you would normally expect from those revenues.
So the valuations depend on the belief
that these are going to lead to entrenched positions for the existing companies.
Yeah.
Showing 141–160 of 467 · page 8 of 24
← Previous
Next →