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The video “AI Execs are Running a 1948 Circus Trick…” by Brendan Dell argues that AI companies are utilizing the **Barnum Effect**—a psychological phenomenon where individuals believe generic descriptions are highly specific to them—to inflate their valuations and influence policy through “fear-based marketing.”

Why the artificial-intelligence advertising spree could be the last hurrah - like the dot-coms in 2000 OpenAI and Anthropic are losing enormous amounts of money, yet are given valuations as if they were real companies making real profits. During Super Bowl XXXIV on Jan. 30, 2000, 14 of the 61 television advertisements were for internet startups. Perhaps they should have heeded the advice offered by E-Trade's "Waste of Money" ad that year, which featured a dancing monkey and ended with the on-screen punchline: "Well, we just wasted $2,000,000. What are you doing with your money?" That Super Bowl was played...

Bridgewater founder Ray Dalio joins 'Squawk Box' to discuss concerns over an AI bubble, the history of economic bubbles, what investors can do in response to bubble fears, state of private credit market, problems around debt, his thoughts on bitcoin, and more. Bridgewater founder Ray Dalio: We are definitely in a bubble, but that doesn't mean you should sell | 9:10 CNBC Television | 3.29M subscribers | 88,329 views | November 20, 2025 on CNBC Television website