Bern Hobart

Bern Hobart, co-author of 'Boom! Bubbles and the End of Stagnation', explores the intriguing role of bubbles in tech and economy. He discusses how AI may signify an inflection bubble, and contrasts it with mean-reversion bubbles. Bern argues that bubbles foster vital innovation by coordinating investments and risk-taking. He highlights the importance of abundant power for AI growth and suggests that societal risk aversion stifles transformative change. Ultimately, he encourages embracing the bubble spirit for groundbreaking projects.

Bern Hobart, author of The Diff and co-author of Boom: Bubbles and the End of Stagnation, dives into how bubbles can spur massive technological leaps. He discusses historical breakthroughs like the Manhattan Project and Apollo missions, emphasizing the collaborative spirit and funding that fuel innovation. Hobart highlights the dual nature of AI as both a transformative force and a potential disruptor. He also explores how emerging sectors, including cryptocurrency and space ventures, are being shaped by visionary leadership and social bubbles to drive extraordinary ambitions.