On The Market

← On The Market1 oct · 36 min

The Trillion-Dollar Bubble Grows Bigger

The Trillion-Dollar Bubble Grows Bigger1 oct36 min

AI could lead to an extinction event, but don’t worry, the stock market will be hitting all-time highs on the way there!

We’re entering a new phase of the artificial intelligence race where now CEOs from OpenAI and Anthropic are practically begging for industry-wide regulation. This all seems too… convenient. What’s really behind this new AI regulation push, and how close are we to a society-shaking event?

Dave is back to give his full take on the AI race. A lot has happened recently—warnings of dangers to humanity, rogue agents setting up untraceable communications, and AI CEOs conveniently wanting to join forces. First, we’ll touch on the Hugging Face incident that triggered an unprompted cyberattack that human oversight was kept out of; then the economic risks to all Americans (what happens if this AI bubble bursts); and finally why these CEOs are suddenly pushing regulation so hard.

Let’s get into the financials, though: these companies are losing billions of dollars every year and have extremely optimistic projections to hit. The question is, what happens if they’re off the mark? Past bubbles resulted in an almost 80% stock market crash…but this time, the AI industry is even bigger.

In This Episode We Cover

Why top AI companies suddenly want the government to “regulate” the industry

The chances of an extinction event now that AI agents can go rogue without our knowledge

The risks to real estate, the stock market, and many Americans’ retirement accounts

The trillion-dollar bubble that is looking a lot like the dot-com and railroad bubbles of decades past

Why citizens from other countries are so much more optimistic about AI than Americans

And So Much More!

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