Media: Forever Blowing Bubbles?

Financial media loves the word “bubble.” It sells fear and draws clicks. But when it comes to AI, that narrative misses the mark. The surge in capital flowing into models, chips, and cognitive infrastructure isn’t speculative mania—it’s the next Enlightenment: a global reallocation of resources toward intelligence itself. This editorial argues that what critics call a bubble is actually a compounding moment of civilization-scale reinvestment. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.thatwastheweek.com/subscribe