The Next Economic Bubble Is Here | Interesting Times with Ross Douthat

Published at : 23 Dec 2025

Is the A.I. revolution keeping the entire economy afloat? This week on “Interesting Times,” Ross talks with Jason Furman, an economist from the Harvard Kennedy School and a contributing writer for NYT Opinion, about how investors, policymakers and consumers should think about the boom — and potential bust — of the fastest growing segment of the American economy and look to past bubbles for answers.

01:17 - Okay, so are we in a bubble?
09:01 - Historical comparisons of past bubbles
12:08 - The case for an A.I. bubble
21:34 - The case against an A.I. bubble
23:36 - What if it bursts?
33:23 - The economic health of the Trump administration
43:50 - “I'm reasonably optimistic.”

Read the full transcript here: https://www.nytimes.com/2025/10/23/opinion/ai-bubble-economy-bust.html

Thoughts? Email us at interestingtimes@nytimes.com.

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