The BasePeople

Paul Kedrosky

Partner, SK Ventures; fellow, MIT Initiative on the Digital Economy

Titles as the sources gave them. In 2 entries, with 3 checked quotations.

What they said

Newest first. Each quotation was found word for word in the source.

“A bubble is whenever asset prices detach from any semblance of economic reality. We have one of the largest CapEx competitive CapEx spending waves in history.”
Is There an A.I. Bubble? A Debate.The Ezra Klein Show, October 16, 2026. Speaking as: Other. Kedrosky's opening answer after Klein asks for the case that AI is a bubble.
Speaker known from context, not confirmed by listening
“This has been my complaint from the very beginning of the process by which these companies have launched models that they've essentially been conducting unlicensed drug trials on the public”
Is There an A.I. Bubble? A Debate.The Ezra Klein Show, October 16, 2026. Speaking as: Other. Kedrosky answers Klein's question about a public backlash and sudden, sweeping AI regulation.
Speaker known from context, not confirmed by listening
“I think we're inevitably headed towards a world of where there's going to be after some kind of terrible event there's going to be some kind of post hoc regulation imposed but it'll only be after consequential damage”
Is There an A.I. Bubble? A Debate.The Ezra Klein Show, October 16, 2026. Speaking as: Other. Kedrosky predicts how AI regulation will arrive, later comparing it to the FDA or an atomic energy board.
Speaker known from context, not confirmed by listening

In the Base

Every entry they appear in.

  1. EssayMarcus on AIMentioned

    Will Generative AI do more harm than good?

    In a short Substack post, Gary Marcus lists harms of generative AI, including deepfakes, phishing, disinformation and the wave of hacks called "Black October". Marcus cites Apollo economist Torsten Slok on missing benefits and argues AI has so far been a net harm.

  2. PodcastThe Ezra Klein ShowSpeaks

    Is There an A.I. Bubble? A Debate.

    In a debate hosted by Ezra Klein, Paul Kedrosky argues AI investment is a debt-fuelled bubble whose failure would spread through the economy, while Azeem Azhar argues demand for compute is still real and outstrips supply. Both expect regulation; Kedrosky predicts it will come only after a damaging event, and Azhar says self-regulation does not work.