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This Is Why

Is the AI bubble about to burst?

This Is Why

Sky News

News, Daily News, News Commentary

4.0552 Ratings

🗓️ 21 October 2025

⏱️ 19 minutes

🧾️ Download transcript

Summary

The rise of AI has been hailed as a new industrial revolution - a huge economic success story (depending on your point of view) with massive implications for energy, materials and jobs.  
 
In the US, artificial intelligence has accounted for the vast majority of economic growth so far this year - not least because of the patronage of Donald Trump, who's also fond of taking AI-generated jibes at his critics.  
 
But does the US have enough access to the infrastructure and materials needed to fuel this economic boom? Has it become too dependent on AI and could the bubble be about to burst?  
 
Niall is joined by Sky's economics and data editor Ed Conway - who has been in the US visiting the largest concentration of data centres in the world. 
 
Producer: Tom Gillespie  
Editor: Mike Bovill 

Transcript

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Coming up on the Sky News Daily, Ed Conway has his head in the cloud, the US data centres, powering the AI revolution.

1:09.0

When you think of artificial intelligence, well, if you're anything like me,

1:13.3

you probably think of the clouds of ones and zeros floating through the air to the apps on the

1:18.7

phone in your pocket. The reality is that AI has a very real, very large physical presence,

1:24.8

the data centers that power it. We've been inside data center alley

1:29.4

in Virginia in the States to see firsthand the technology that's currently driving both the

1:34.0

AI boom and the US economy. It's a tale of high tech, big risks and huge demands on the electric

1:40.7

grid. In short, it's the biggest story in economics right now, which is why we

1:45.1

sent our economics editor, Ed Conway, to check it out. Ed, speaking to us from the United States,

1:50.7

I mean, just describe what these places look like. I mean, you could actually see them as you

1:55.3

are flying in. So if you ever fly into Washington Dulles Airport, as you're coming into land,

...

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