You may have heard that the economy is maybe... definitely... probably... in an “AI bubble.” 

Companies are spending hundreds of billions of dollars to build the AI infrastructure of the future. The hope is all that spending will pay off with super-advanced AI that will more than cover the cost of building it.

But that payoff isn’t coming — at least not yet. Companies are struggling to make a profit on the AI of today. So, is that future real, or just a mirage?  

Today: What happens to Seattle’s economy if the AI bubble bursts?

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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.