Daily Take: What Happens When the AI Bubble Blows Up on Main Street?
The Hartmann Report
Thom Hartmann
4.4 • 1.2K Ratings
🗓️ 26 November 2025
⏱️ 21 minutes
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Summary
When this bubble bursts, the collapse won’t hit Google’s coders — it’ll hit the electricians, nurses, teachers, retirees, renters, and low-income families who never got a penny from the boom…
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| 0:59.7 | What happens when the AI bubble blows up on Main Street? |
| 1:04.4 | The number one most read story in the Financial Times yesterday was headlined, quote, |
| 1:09.2 | Nevidia shares fall on signs Google gaining upper hand in AI, end quote. |
| 1:15.5 | Turns out that Google's AI software slash product is doing about as well as its competitors, |
| 1:20.8 | but isn't using Navidia's must-have AI super chips shocking the market. |
| 1:30.7 | But even with that, we ain't seen nothing yet. Get ready for the Moore's Law shock and a few others that seem increasingly inevitable. For months now, |
| 1:36.5 | the tech world has been drunk on the language of inevitability. AI will transform everything. |
| 1:42.5 | AI demand for electricity will double America's power consumption. |
| 1:46.3 | AI data centers will be the new steel mills, the new auto plants, the new engines of prosperity. |
| 1:52.4 | Wall Street has inflated this into a bubble so big, it's hard to see where the hype ends and the real economy begins. |
| 1:58.6 | But if history teaches us anything, it's the bubbles don't pop |
| 2:01.6 | harmlessly. They burst outward. And when they do, the people who had nothing to do with |
| 2:06.7 | inflating them are usually the ones who end up paying the biggest part of the price. |
| 2:11.0 | We've seen this movie before. When the dot-com bubble collapsed in 2000, it wasn't just |
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