Bubbles and Crashes

Bubbles and Crashes is the book associated with David Kirsch in Bytes: Week in Review - Are we in an AI bubble?. The source uses the book as a historical frame for technological bubbles rather than as a text under detailed review.

For the wiki, the book page anchors Kirsch’s Tech Bubble Conditions framework: uncertainty, novice investors, investable access, and powerful narratives. The Marketplace Tech episode applies that frame to AI Equity Valuation Risk, Technology Installation Cycle, and AGI Narrative, asking whether AI investment expectations have outrun the time needed for broad economic value to become visible.

Connections

• David Kirsch - co-author named in the source.
• Tech Bubble Conditions - framework drawn from the interview.
• Bubble Necessary Conditions and Statistical Bubble Indicators - adjacent bubble-checklist pages.
• AI Equity Valuation Risk and Technology Installation Cycle - AI application areas in the source.