223. Is The AI Boom Like 1929 Or The Dot Com Bubble?

The Rest Is Money

Goalhanger

News, Politics, Business

3.6 • 1.1K Ratings

🗓️ 10 November 2025

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What does the 1929 crash teach us about now? Is the AI boom as dangerous as the Great Crash? If it goes pop, what will we be left with? Robert speaks to Andrew Ross Sorkin, New York Times columnist and author of 1929. Get started today at https://www.HubSpot.com For investing, savings, and pensions, the smart money’s with Wealthify. Open your account today at https://www.wealthify.com. Wealthify is authorised and regulated by the Financial Conduct Authority. With investing, your capital is at risk. Tax treatments depend on individual circumstances and may change in future. Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠restismoney@gmail.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://⁠⁠⁠goalhanger.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by HubSpot.
0:05.5	Now, did you know, most businesses only use 20% of their data?
0:10.1	That's like playing a football match with one fifth of the team.
0:13.4	It's going to be hard to win, right?
0:14.9	Unless you have HubSpot.
0:17.3	Their customer platform gives you access to untapped insights in emails, call logs, meeting transcripts and all the other data you need to grow your business.
0:27.2	Because when you know more, you grow more.
0:29.9	Visit HubSpot.com today. Hello and welcome to the rest is money.
0:45.6	Steph's not with us today, but I'm delighted to be joined by Andrew Ross Sorkin,
0:49.3	distinguished journalists from the New York Times, who I'm not sure if we've ever met, but I've certainly
0:55.6	known you by reputation for goodness knows quite how long.
1:02.2	Your excellent book, 1929, is a re-examination on the basis of an enormous amount of evidence
1:10.3	that you've amassed connected to
1:13.6	that extraordinarily important crash.
1:16.6	What was your motivation for sort of immersing in what I think certainly within the last 150 years is still the most important crash.
1:28.2	The truth was that for me, I had read a lot of these books, trying to frankly understand
1:33.1	that period better actually after 2008, because people would ask me to compare 2008 to
1:38.0	1920.
1:38.9	At least initially, I didn't have a great answer.
1:41.8	And there were great books.
1:42.8	Kenneth Galbraith wrote the most famous one, The Great Crash in 1955.
1:47.0	And there were a number of others, some books written in the 30s and 40s, and another good one
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Goalhanger, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Goalhanger and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.