Sep 28, 2026 · 54 min · 10 segments
Everyone seems to agree AI is a bubble that's about to burst. But what if everybody's wrong? This week starts with a contrarian column arguing that roughly $1 trillion in AI build-out since 2024 is…
His focus is like everybody's saying this, what if they're wrong? And he just kind of suggests the counter.
There was that guy on Diary of the CEO and the compound going around basically saying this is all a sham, pyramid scheme, get out now, that type of stuff.
So JC came out and said, hey – What if everybody's wrong? And he talked about the idea that there's been, I think, a trillion dollars spent on the build-out of AI since 2024.
And everybody's talking about how much money that is, and that's a ridiculous amount of money, etc., But what he pointed out looking back to the past, and this inspired you to explore some of the railroad bubble bursting stuff.
But if you look at like the telecom build out, the railroad build out, things like that, that constantly get compared to AI.
He noted that the total percentage of GDP, so right now we're at like a trillion dollars of build out, and that might equal, let's call it 2% of GDP.
He was suggesting that the cumulative spend on the build-out, historically speaking, in these other similar periods that we keep referencing, was about 25% of GDP.
His focus is like everybody's saying this, what if they're wrong? And he just kind of suggests the counter.
There was that guy on Diary of the CEO and the compound going around basically saying this is all a sham, pyramid scheme, get out now, that type of stuff.
So JC came out and said, hey – What if everybody's wrong? And he talked about the idea that there's been, I think, a trillion dollars spent on the build-out of AI since 2024.
And everybody's talking about how much money that is, and that's a ridiculous amount of money, etc., But what he pointed out looking back to the past, and this inspired you to explore some of the railroad bubble bursting stuff.
But if you look at like the telecom build out, the railroad build out, things like that, that constantly get compared to AI.
He noted that the total percentage of GDP, so right now we're at like a trillion dollars of build out, and that might equal, let's call it 2% of GDP.
He was suggesting that the cumulative spend on the build-out, historically speaking, in these other similar periods that we keep referencing, was about 25% of GDP.
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