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deep tech BetaKit October 23, 2026

Q&A: Why economist and author Kyla Scanlon thinks the AI bubble will pop slowly

Q&A: Why economist and author Kyla Scanlon thinks the AI bubble will pop slowly
AI Summary

Will the AI bubble pop with a bang, or go out more like a sad balloon? Anthropic was preparing to soon hold a record-breaking IPO, just months after Elon Musk’s SpaceX held its own. But Reuters reported on Tuesday that the San Francisco-based AI giant is now lowering its valuation target amid dramatically widened net losses.

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