According to a Harvard economist, spending on data centers and artificial intelligence accounted for 92% of U.S. economic growth in the first half of last year.   

That's fueled speculation that we’re in an AI bubble, because spending on that level doesn’t feel sustainable. If the bubble pops and the spending stops, the shockwave could hit all of us. Past economic collapses led to bankruptcies, lost retirement savings, and disappearing jobs. 

But sometimes, the crash leaves something good behind... that we may not fully appreciate for years. 

This week, we look at bubbles from the past and ask: When the money burns away, what’s left? 

Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/boomingnotes.

Booming is a production of KUOW in Seattle, a proud member of the NPR Network. Our editor is Carol Smith. Our producers are Lucy Soucek and Alec Cowan. Our hosts are Joshua McNichols and Monica Nickelsburg.

According to a Harvard economist, spending on data centers and artificial intelligence accounted for 92% of U.S. economic growth in the first half of last year.&nbsp;&nbsp;&nbsp;
That's fueled speculation that we&rsquo;re in an AI bubble, because spending on that level doesn&rsquo;t feel sustainable. If the bubble pops and the spending stops, the shockwave could hit all of us. Past economic collapses led to bankruptcies, lost retirement savings, and disappearing jobs.&nbsp;
But sometimes,&nbsp;the&nbsp;crash&nbsp;leaves something&nbsp;good&nbsp;behind... that we may not fully appreciate for years.&nbsp;
This week, we look at bubbles from the past and ask: When the money burns away,&nbsp;what&rsquo;s&nbsp;left?&nbsp;
Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to <a href="http://kuow.org/donate/boomingnotes">kuow.org/donate/boomingnotes</a>. Booming is a production of KUOW in Seattle, a proud member of the NPR Network. Our editor is <a href="https://www.kuow.org/authors/carol-smith">Carol Smith</a>. Our producers are <a href="https://www.kuow.org/authors/lucy-soucek">Lucy Soucek</a> and <a href="https://www.kuow.org/authors/alec-cowan">Alec Cowan</a>. Our hosts are <a href="https://www.kuow.org/authors/joshua-mcnichols">Joshua McNichols</a> and <a href="https://www.kuow.org/authors/monica-nickelsburg">Monica Nickelsburg</a>.

Booming is a weekly podcast about the economic forces shaping our lives here in the Pacific Northwest. The Seattle area's been home to many booms over the years. It’s brought jobs, people, and wealth to the region, but also real growing pains that people here feel every day. In Booming, KUOW economy reporters Joshua McNichols and Monica Nickelsburg help listeners make sense of our ever-changing economy. We'll dig into what people are seeing or feeling and unpack the story behind it.

Booming is a weekly podcast about the economic forces shaping our lives here in the Pacific Northwest. The Seattle area's been home to many booms over the years. It&rsquo;s brought jobs, people, and wealth to the region, but also real growing pains that people here feel every day. In&nbsp;Booming, KUOW economy reporters Joshua McNichols and Monica Nickelsburg help listeners make sense of our ever-changing economy. We'll dig into what people are seeing or feeling and unpack the story behind it.

Booming

Sometimes, an economic crash leaves something good behind that we may not appreciate for years.   This week, we look at bubbles from the past and ask: When the money burns away, what’s left? 