"Yes, AI Is a Bubble. There Is No Question." artwork
Plain English with Derek Thompson

"Yes, AI Is a Bubble. There Is No Question."

Mar 17, 2026 · 1 hr 9 min

The AI buildout continues to break records, as the hyperscalers pour hundreds of billions of dollars into chips and data centers, even as investors punish their stock prices. But the revenue side of the ledger is showing signs of takeoff. In the last few weeks, OpenAI and Anthropic have added billions of dollars of cash, on their way to becoming two of the fastest growing companies in history. La…