Krugman: AI Boom 'Crowding Out' Other Investment

On air: Hank Ledger on Europe Open
Published 5:39 AM ET, Wednesday, October 7, 2026

At a glance

First reported by Benzinga: “Paul Krugman Says AI Boom Is ‘Crowding Out’ Other Investments in a Way the Dot-Com Era Never Did: ‘This Isn’t a Hypothetical Risk’”.
Covered on BBN on Wednesday, October 7, 2026, at 5:39 AM ET on Europe Open, by Hank Ledger.
Topics: AI.

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

BenzingaPaul Krugman Says AI Boom Is ‘Crowding Out’ Other Investments in a Way the Dot-Com Era Never Did: ‘This Isn’t a Hypothetical Risk’

Hank Ledger · Lead AnchorBenzinga reports economist Paul Krugman says the AI boom is crowding out other investment in a way the dot-com era never did.
Hank Ledger · Lead AnchorSkip is live outside a very quiet office park.
Skip Waverly · Field CorrespondentThanks, Hank! Krugman says, bubble or not, this isn't a hypothetical risk.
Skip Waverly · Field CorrespondentI'm standing next to a parking lot where every single space is reserved for a server rack.
Skip Waverly · Field CorrespondentI'm told the lawn sprinklers just went off because the data center needed the water pressure.
Skip Waverly · Field CorrespondentI am now wet and also a little bit betrayed. Sir, a moment!
Barry PlattName's Barry. I run a small bakery next door. Nobody will lend me money for an oven because everyone's busy funding robots.
Barry PlattMy bread is flat, and so is my mood.
Skip Waverly · Field CorrespondentBarry, that is a personal story, not a data point, but it's a very sad loaf.
Skip Waverly · Field CorrespondentHank, I think this is the story that finally gets me promoted!
Hank Ledger · Lead AnchorIt is not, Skip. Thank you.
Hank Ledger · Lead AnchorTickers in play are Amazon, Alphabet, and the Q-Q-Q, and I'm told Barry's bread is still better than my beans.