This week we want to wrap up a stellar year of topics, guests and unimaginable bubbly behavior, and not just of the kind of champagne at holiday parties. For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.comYou can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/More on Will Page at: https://pivotaleconomics.com(Times below correspond to the episode without considering any inserted advertisements.)Bubble Trouble: 2023 in Review & Predictions for 2024Bubble Trouble: 2023 & Looking Ahead to 2024In this year-end episode of Bubble Trouble, co-hosts Will Page and Richard Kramer look back at the action-packed year of 2023 and the spectacular bubbles that burst within it. They discuss the turbulent direction of AI, the volatility in the podcast market, and address podcast topics including the integrity of financial statements and Britain's water crisis. The episode also features a reflection on past guests and their insights on different industry sectors. Looking forward to 2024, the hosts contemplate upcoming bubbles and the potential impact of global politics, elections, and interest rates.00:00 Introduction00:49 Part One01:00 Reflecting on the Journey of Bubble Trouble01:58 Reflection on the Bubbles that Burst02:11 The Metaverse, NFTs, and the Reality Check02:35 The Impact of the Consumer Debt and the Bubbles Bursting02:58 Predictions for the Bubbles in 202404:40 The Role of AI in the Tech World06:42 The Impact of Interest Rates on the App Economy07:00 The Economic Climate and Spotify's Job Losses07:52 The Impact of a Normal Functioning Finance System21:45 Part Two21:56 The Podcast Bubble: An Analysis22:29 The Impact of AI on Music and Entertainment22:48 The Rise and Fall of Podcasts and NFTs23:07 The Truth about Audience Figures in Podcasting24:41 The Future of Podcast Advertising26:16 The Advertising Market in the Digital Age26:45 The Challenges of Media Advertising28:16 The Impact of Time Shifting on Podcast Advertising28:40 The Dilemma of Monetizing Podcasts28:55 The State of the Podcast Industry39:00 The Impact of AI on the Economy40:06 The Effects of Job Cuts43:44 Closing Remarks and Acknowledgements44:45 Credits Hosted on Acast. See acast.com/privacy for more information.