Is the AI Boom About to Go Bust? (Second Request)

from The Capitol Forum Podcast · host The Capitol Forum

Trillions in commitments. Billions in off-balance-sheet debt. Circular investments between vendors and their own customers. The AI infrastructure build-out looks less like a gold rush and more like a house of cards — and policymakers have no plan for when it falls.Today on Second Request, executive editor Teddy Downey sits down with Asad Ramzanali, Director of AI and Technology Policy at the Vanderbilt Policy Accelerator, to discuss his paper "After the AI Crash" — and why the time to prepare for a financial crisis is before it happens.

What this episode covers

Trillions in commitments. Billions in off-balance-sheet debt. Circular investments between vendors and their own customers. The AI infrastructure build-out looks less like a gold rush and more like a house of cards — and policymakers have no plan for when it falls. Today on Second Request, executive editor Teddy Downey sits down with Asad Ramzanali, Director of AI and Technology Policy at the Vanderbilt Policy Accelerator, to discuss his paper "After the AI Crash" — and why the time to prepare for a financial crisis is before it happens.

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Is the AI Boom About to Go Bust? (Second Request)

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This episode was published on April 10, 2026.

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