Slop Economy Warning: VC Expects Another 'Vastly Larger' 2008 — Blame AI
“We’re doing it again,” Venture capitalist Paul Kedrosky said on the Between Two COOs podcast. Exorbitant debt to finance the AI infrastructure boom reminds him of the run-up to the 2008 financial crisis, but on a “vastly larger scale.” The result, he warned, is a “slop economy” where companies can produce vastly more