Richard Murphy: The AI Bubble is a Prelude to a Much Bigger Economic Collapse

I had the great pleasure of chatting with the renowned British political economist, chartered accountant, and campaigner known for his work on tax justice and “Funding the Future,” Richard Murphy.

While our discussion targeted the AI bubble, it was centred around the wider economic collapse, which is closely linked.

Our conversation was a deep dive into the complexities of neoliberalism and the future of global economics in 2026. Richard kicked things off by highlighting how the AI bubble is not just an isolated phenomenon but part of a broader economic narrative. He described the neoliberalism bubble.

He drew parallels between the current state of AI investments and historical economic patterns, suggesting that we might be on the brink of significant change. One of the key insights Richard shared was about AI’s economic impact. He pointed out that while AI is generating buzz, its economic returns are not matching the massive investments.

This discrepancy could signal an impending crash. We also discussed how neoliberal policies have shaped the current economic landscape and the AI approach pushed by Silicon Valley, often prioritising profit over people.

Richard emphasised the need for a shift towards more sustainable and equitable economic models. It’s an energetic conversation that will open your eyes to the post-AI economics. Join the conversation now!