Melissa Heikela
Financial Times AI correspondent with several years covering the AI beat, providing reporting on investments, valuations, and industry dynamics.
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Jan 28, 2026 • 29min
AI's Bubble Trouble?: 1. Is the AI bubble about to burst?
Brent Goldfarb, entrepreneurship professor and co-author of Bubbles and Crashes, and Melissa Heikela, Financial Times AI correspondent, discuss AI's sky-high valuations and whether a correction is coming. They compare today to the dotcom era, explain why hype and AGI belief keep funding flowing, and examine monetisation pressures, circular investment dynamics, and where AI may actually deliver value.
