Is The AI Bubble Here?

Coming off the heels of NVIDIA’s one hundred billion dollar investment in OpenAI, Doug and Greg Stokes discuss the current state of AI and where it’s headed, as they explore the parallels between recent growth and the tech bubble of the late 90s. The conversation also touches on safe haven assets, market performance after all-time highs, exuberance indicators, and a huge college football weekend coming up.

Key Takeaways

[00:17] - AI, self-driving cars, and the relation to the late 90s tech bubble

[05:31] - The AI bubble isn’t here yet

[09:18] - Why stocks continue to reach new highs

[13:46] - Indicators of exuberance

[17:00] - The staggering investment going into energy and defense

[20:34] - Looking at a big college football weekend

View Transcript

Links

Derek Thompson on AI’s timeline and how it relates to self-driving cars.

Goldman’s Total Positioning Indicator is STILL slightly underweight US equities.

Yardeni: Gold as a percent of total reserves. How much is left to go?

TikTok investment club

Zaccardi: US data center energy consumption (TWh) and as % of total US power demand (RHS)

Connect with our hosts

Doug Stokes