Part I: FlashbackA couple weeks ago, Steve Eisman, who predicted the subprime mess (Steve Carrell played him in The Big Short), interviewed me, and asked me how the AI boom might all fall apart.For reasons I am about to explain, that interview, recorded May 22, now seems supremely relevant. Here are two snippets. (Some parts of Snippet 1 are currently paywalled in a separate video but may come out soon for free; I will update with a link if they do.)After that, I will explain why all this seems super relevant today.Snippet 1: Stumbles from OpenAI could precipitate a tidal waveEisman: Assuming it’s a bubble. I mean if it’s not if if we’re wrong and it’s then and it’s not a bubble and and … they’ll...
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