Lenore Palladino (@lenorepalladino) is an associate professor of economics and public policy at the University of Massachusetts, Amherst. Are we on the brink of the next financial crisis? Last Thursday, there was a “bloodbath in tech stocks,” as the stock market lost $3.2 trillion in a single day. The media is blaming the “blue wave,” but anxiety about the AI boom was already rising before the election. The week prior, on October 29, the “Magnificent Seven”—the tech companies that have driven mu...