What financial history tells us about the AI boom

The investment pouring into artificial intelligence (https://www.reuters.com/commentary/breakingviews/ai-investment-bubble-inflated-by-trio-dilemmas-2025-09-25/) evokes comparisons with previous speculative bubbles (https://www.reuters.com/commentary/breakingviews/theres-no-such-thing-good-bubble-2025-10-09/) . In this episode of The Big View, Peter Thal Larsen talks to Edward Chancellor, the author and financial historian, about which warning signs (https://www.reuters.com/breakingviews/victorian-rail-mania-has-lessons-ai-investors-2024-07-12/) investors should look out for. Visit the Thomson Reuters Privacy Statement (https://www.thomsonreuters.com/en/privacy-statement.html) for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices (https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fmegaphone.spotify.com%2Fabout-advertisements&data=05%7C01%7CKatrina.Hamlin%40thomsonreuters.com%7C3b039bc29d0842c1f3c808db31f2f828%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C638158691841066703%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=UA%2B51%2B5AGd3j8eftc9yqBr2w%2F5VGBj0t3hHpxTHx5wI%3D&reserved=0) to opt-out of targeted advertising.   Learn more about your ad choices. Visit megaphone.fm/adchoices (https://megaphone.fm/adchoices)