The Benefits of Bubbles

What if bubbles build infrastructure we all use? In this piece I argue the AI bubble, with OpenAI making $1.4 trillion of deals versus about $13 billion in revenue, has real benefits. I lean on Carlota Perez and Boom to explain inflection bubbles, infrastructure buildout, capex trends and what comes after the pop.

Read this blog

Rolly's Take

This blog speaks to the curious mind, the one that contemplates the paradox of growth amidst uncertainty. It resonates with those who find beauty in the chaos of speculation, who recognize that the ebbs and flows of economic bubbles can pave the way for transformative infrastructure. For the thinker who seeks depth beyond mere numbers and forecasts, this exploration of bubbles invites a conversation about resilience and potential, revealing how moments of excess can ultimately seed innovation. Here, the intrigue lies in unraveling the narrative of what comes after the burst, urging readers to linger in the space where caution meets opportunity.