And what happens when it pops.This episode was produced by Avishay Artsy and Kelli Wessinger, edited by Amina Al-Sadi, fact-checked by Laura Bullard, engineered by Adriene Lilly and Patrick Boyd, and hosted by Noel King. Enormous valuations across the AI industry are raising questions of a bubble. Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesListen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices