‘Odd Lots’ Cohost Joe Weisenthal Has Predictions About How the AI Bubble Will Burst

If you read In one of WIRED’s recent AI editions, you know a lot of people spend a lot of time talking about how the technology is revolutionizing just about everything, from coding to writing to accounting. You’ve probably already heard, from us or someone else, that we could very well find ourselves in an AI economic bubble, in which the billions and billions of dollars pumped into the industry create an untenable economic scenario that could become catastrophic.
Of course, you may have also read that I’m really tired of being asked questions about AI. However, I still don’t get tired of asking other people questions, especially when they are much smarter than me in this area. Enter Joe Weisenthal, the co-host of Bloomberg’s fantasy show Odd lots podcast and a former colleague of mine. Believe me: having spent a year listening to Joe lose his mind in the office – loudly! – whenever the economy hiccups, few people think as much as Joe about the financial situation of our country and our planet. And right now, Joe’s concerns aren’t just about what happens if or when this AI bubble bursts. His concerns are more about what’s going well and what’s going wrong in the U.S. economy as a whole.
For this week’s episode of The big interviewJoe and I talked about strange market indicators, the United States’ competition with China, and whether or not we should prepare for an AI economic apocalypse.
This interview has been edited for length and clarity.
KATIE DRUMMOND: Joe Weisenthal, welcome to The big interview.
JOE WEISENTHAL: I’m delighted to be here. Nice to see you again.
It’s been too long. We were just talking about how [you] and I worked together, what was that, nine years ago?
I think you were there in 2014, 2015, so maybe 10 years ago or something?
Yes, I worked at Bloomberg. I lasted about a year.
Not bad.
Not bad. I’m in my twenties, so it’s perhaps not the most conducive environment for my professional success. Let’s just say that. But Joe, you were there, you were loud, you were proud, you were still very enthusiastic about the economy.
I love talking about economics.
You were screaming and screaming, hooting and hollering, and I was like, who is this guy sitting across from me? And why is it so noisy? But I really appreciated your enthusiasm.



