← Today's ranking
MarketsCA / Silicon Valley·Ranked Wednesday, June 3, 2026
I won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies me
Pulitzer-winning historian warns AI spending boom mirrors dangerous financial-bubble patterns.
“The historian behind Lords of Finance has a warning for Silicon Valley: He's seen these numbers before — and they didn't end well.”
AI score breakdown
#53 that day1.40/ 10
Technology breakthrough · weight 30%1/10
Economic impact · weight 25%2/10
Job impact · weight 20%1/10
Regional relevance · weight 15%2/10
Policy & geopolitics · weight 10%1/10
Composite is the weighted sum of the five dimensions. How scoring works →
Related stories
- Samsung lands Broadcom AI chip deal worth more than $200 billion through 2030 · 2026-07-28
- AMD and Anthropic reach $5 billion AI infrastructure deal · 2026-07-22
- Amazon’s Trainium chip business hits $20B annual revenue pace, reshaping the AI compute landscape · 2026-07-20
- SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs · 2026-07-11
- Apple and Intel strike preliminary chip manufacturing deal · 2026-05-10