Stock options: how to hedge an AI bubble

<p>Tech firms are spending so much on artificial intelligence that investors are getting nervous. Our correspondent explains whether it is possible to <a href="https://www.economist.com/finance-and-economics/2026/02/08/how-to-hedge-a-bubble-ai-edition?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">protect your portfolio</a> from a crash. <a href="https://www.economist.com/europe/2026/01/15/who-might-succeed-recep-tayyip-erdogan?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">Turkey’s ruler</a> has become increasingly autocratic–and increasingly old. Who might succeed him? And celebrating the life of literary agent <a href="https://www.economist.com/obituary/2026/02/05/georges-borchardt-made-a-life-from-a-love-of-reading?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">Georges Borchardt</a>.&nbsp;&nbsp;&nbsp;</p><br /><p>Guests and host:</p><ul><li>Rosie Blau, host of “The Intelligence”</li><li>Josh Roberts, capital markets correspondent</li><li>Piotr Zalewski, Turkey correspondent</li><li>Jon Fasman, senior culture correspondent</li></ul><p><br /></p><p>Topics covered:&nbsp;</p><ul><li>Hedging against an AI bubble</li><li>Turkey after Erdogan</li><li>Obituary of literary agent Georges Borchardt</li></ul><p><br /></p><br /><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>Subscribe to Economist Podcasts+</em></a></p><br /><p><em>For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account. </em></p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>