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Come for the canals and railroads. Stay for the part where Marc and Renee admit AI might just be the next overbuilt mess we rely on.

In this episode, we explore the historical patterns of infrastructure bubbles, revealing how emerging technologies often spark both excitement and economic pitfalls. We analyze past transformative advancements, such as canals and railways, highlighting how they initially fueled industrial growth but ultimately led to speculative investment and significant losses for latecomers. 

The Infrastructure bubble pattern has repeated throughout history and we end with a discussion on the latest bubble that hasn't quite burst yet...AI...cue impending doom music.

Notes - Carlota Perez “Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages”

https://en.wikipedia.org/wiki/Optical_Carrier_transmission_rates OC-768 is 40 Gb/s

Join Renee and Marc as they discuss tech topics with a view on their nostalgic pasts in tech that help them understand today's challenges and tomorrow's potential.

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Come visit us at https://www.nostalgicnerdspodcast.com/episodes or wherever you get your podcasts.