The gargantuan bet on the future of A.I. is driving the U.S. stock market and economic growth. And the building of data centers is sucking up so many construction resources, it’s crowding out the construction of homes.

The multitrillion-dollar question is: Will this bet pay off? Or is it a bubble, destined to burst and pull the economy down with it? 

Paul Kedrosky is a partner at SK Ventures, a fellow at M.I.T., and the author of a newsletter about A.I.. He thinks we’re very obviously in a bubble. Azeem Azhar is a technology entrepreneur and the author of the newsletter Exponential View. He has a more optimistic take.

(The New York Times has sued OpenAI and Microsoft claiming copyright infringement. The companies have denied those claims.)

This episode contains strong language.

Mentioned:

“Nobody Is Ready for the AI-Agent Flood” by John Herman

“What is bigger than AI?” by Azeem Azhar

Book Recommendations:

“Middlemarch” by George Eliot

“Liberty’s Dawn” by Emma Griffin

“Insull” by Forrest McDonald

“The Day the Universe Changed” by James Burke

“Fathers and Sons” by Ivan Turgenev

“Candide” by Voltaire

Thoughts? Guest suggestions? Email us at [email protected].

You can find the transcript and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.html 

This episode of “The Ezra Klein Show” was produced by Rollin Hu. Fact-checking by Kate Sinclair, Mary Marge Locker and Julie Beer. Our senior engineer is Jeff Geld, with additional mixing by Aman Sahota and Isaac Jones. Our recording engineer is Aman Sahota. Cinematography by Kyle I. Kelley. Video editing by Steph Khoury and Dani Dillon. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Kristin Lin, Emma Kehlbeck, Jack McCordick, Marina King and Jan Kobal. Original music by Pat McCusker. Audience strategy by Shannon Busta. The director of New York Times Opinion Shows is Annie-Rose Strasser. 

Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Roughly half of American adults are using chatbots. Nearly one in five U.S. adults has chatted with an A.I. that simulates a romantic partner. And some children now struggle to distinguish between talking to chatbots and humans.

What does this mean for the future of our relationships? Turkle has been studying relationships between humans and machines since the 1970s, around the dawn of the personal computer. Her 2011 book, “Alone Together,” offered a prescient warning about how social media was atrophying in-person bonds. And in her latest book, “Artificial Intimacy: Who We Become When We Talk to Machines,” Turkle turns the lens on A.I., wrestling with what happens when technology comes after not only our attention but also our capacity for attachment. 

This episode contains strong language.

Mentioned:

“A Teen Was Suicidal. ChatGPT Was the Friend He Confided In.” by Kashmir Hill

“The Second Self” by Sherry Turkle

“Alone Together” by Sherry Turkle

Book Recommendations:

“Playing and Reality” by D. W. Winnicott

“The Origins of Totalitarianism” by Hannah Arendt

“Computer Power and Human Reason” by Joseph Weizenbaum

Thoughts? Guest suggestions? Email us at [email protected].

You can find the transcript and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.html

This episode of “The Ezra Klein Show” was produced by Annie Galvin. Fact-checking by Michelle Harris, with Kate Sinclair. Our senior engineer is Jeff Geld, with additional mixing by Aman Sahota, Efim Shapiro and Gautam Srikishan. Our recording engineer is Aman Sahota. Cinematography by Kyle I. Kelley. Video editing by Dani Dillon, Steph Khoury and Jan Kobal. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Rollin Hu, Kristin Lin, Emma Kehlbeck and Jack McCordick. Original music by Pat McCusker. Audience strategy by Shannon Busta. The director of New York Times Opinion Shows is Annie-Rose Strasser.
 

Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

At the center of the country’s debates over artificial intelligence is a simple but hard question: What kind of technology is this?

Is A.I. a kind of “alien mind”? Are we unleashing a new species on the planet, one that will transform human society so completely that historical analogies to past technologies simply don’t hold? Or is A.I. more normal than that?

Arvind Narayanan is a professor of computer science at Princeton University and the director of the Center for Information Technology Policy. And he’s an author, alongside his colleague Sayash Kapoor, of the extremely influential essay “A.I. as Normal Technology.”

In that essay, and then in a Substack under that name, they lay out their case that A.I. is in fact something we’ve seen before — or at least, it’s close enough to past revolutionary technologies that we have a road map to deal with it. So I wanted to bring Narayanan on the show to hear that perspective.

Mentioned:

“A.I. as Normal Technology” by Arvind Narayanan and Sayash Kapoor

“What Will Be Scarce?” by Alex Imas

Book Recommendations:

“Not the End of the World” by Hannah Ritchie

“Breakneck” by Dan Wang

“Thinking in Systems by Donella Meadows

Thoughts? Guest suggestions? Email us at [email protected].

You can find the transcript and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.html

This episode of “The Ezra Klein Show” was produced by Rollin Hu. Fact-checking by Michelle Harris, with Kate Sinclair and Mary Marge Locker. Our senior engineer is Jeff Geld, with additional mixing by Isaac Jones. Our recording engineer is Aman Sahota. Our director of photography is Marina King. Video editing by Brandon Belk-Yee, Kristen Williamson and Dani Dillon. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Kristin Lin, Emma Kehlbeck, Jack McCordick and Jan Kobal. Original music by Pat McCusker. Audience strategy by Shannon Busta. The director of New York Times Opinion Shows is Annie-Rose Strasser.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a couple weeks, the archives of our show will only be available to subscribers. Here’s why that’s happening and what to expect. 

To learn more, go to nytimes.com/podcasts.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Every Tuesday and Friday, Ezra Klein invites you into a conversation about something that matters. How do we address climate change if the political system fails to act? Has the logic of markets infiltrated too many aspects of our lives? What is the future of the Republican Party? What do psychedelics teach us about consciousness? What does sci-fi understand about our present that we miss? Can our food system be just to humans and animals alike?

Subscribe wherever you listen to podcasts.

You can find transcripts (posted midday) and more episodes of "The Ezra Klein Show" at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein.

Thoughts? Guest suggestions? Email us at [email protected].

“The Ezra Klein Show” is produced by Rogé Karma and Jeff Geld; fact-checking by Michelle Harris; original music by Isaac Jones; mixing by Jeff Geld.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.