Is a financial collapse coming worse than the Wall St crash?
Summary
Andrew Ross Sorkin discusses his book on the 1929 Wall Street crash, drawing parallels to today’s AI and tech markets. He identifies debt and margin trading as the primary causes of the 1929 collapse, noting similar speculative fervor and celebrity culture in the current era. The conversation explores how political responses then and now shape economic outcomes and warns of potential risks from an AI investment bubble.
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