Trump, Markets and The Greatest Crash in U.S. History, with Andrew Ross Sorkin (Part Two)
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Welcome to Intelligence Squared, where great minds meet. I'm producer Mia Serenti. For this episode, we're rejoining for part two of our live event with author, New York Times columnist, and CNBC presenter Andrew Ross Sorkin. Ross Sorkin joined us recently at Conway Hall to discuss the lessons of the 1929 financial crash. and the parallels with today's political and economic turbulence.
He was in conversation with Jillian Tett, columnist at the Financial Times. If you haven't heard part one, do just jump back an episode and get up to speed. Let's rejoin the conversation now, live at Conway Hall. I'd say, you know, Silicon Valley, the the people from Silicon Valley I speak to know the math doesn't work. I mean they're all spending hundreds of billions of dollars on this AI build out which can't possibly
earn them back the kind of money, as you say, unless we all lose our jobs and the AI runs everything. But they each think that they're going to be the one company that wins and everyone else will lose and lose the money. And the everyone else will crash, but they'll be the survivor. And that, I think, is a mentality. But the thing that makes me amazed is they're all betting on the same type of AI, which is large language models, on the so-called transformers
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