Morning Brew Daily Author Michael Lewis on 10 Years of “The Big Short," AI Bubble, and Sports Gambling
130 snips
Nov 11, 2025 
Best-selling author and journalist Michael Lewis, known for works like The Big Short and Moneyball, joins the discussion to reflect on the film's 10th anniversary and its ties to the 2008 financial crisis. He shares insights on the current AI landscape, warning it may mirror past bubbles. Michael delves into the risks of sports gambling and the ethical concerns it raises. He also playfully explores modern casting choices for The Big Short, contributing his unique perspective on storytelling and the importance of strong characters.
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How 2008 Reshaped Politics
- The 2008 crisis centered on massive, concentrated bets on subprime mortgage bonds that hid enormous risk through derivatives.
- Government guarantees stopped a depression but left lasting political anger that reshaped U.S. politics.
Leaving Moral Judgment To Readers
- Michael Lewis intentionally avoided overt outrage in The Big Short to let readers wrestle with moral ambiguity.
- He preferred showing human folly so readers decide how to feel about protagonists profiting from collapse.
AI Feels Like An Open Bubble
- The key similarity with 2008 is financial optimism and overinvestment, but AI's risks are more visible and social than hidden.
- Lewis expects overstated financial returns and understated job-disruption harms from AI.
