4 ms·
A bubble much like the dotcom bubble. but the internet didn't go away...it was flourishing 3 years later.
by cranberryturkey 1y ago
A bubble much like the dotcom bubble. but the internet didn't go away...it was flourishing 3 years later.
- zerosizedweasle 1y agoYeah but those companies went bankrupt.
- cranberryturkey 1y agoTrue...the ones that raised $2M with just a domain name and vaporware. THat's notwhat I'm seeing in AI right now
- zerosizedweasle 1y agoNo, WorldCom and 360Networks were fiber companies. A lot of internet infrastructure companies went under.
- cranberryturkey 1y agoYes, but my point is the fundamental tech didn't disappear. Those companies failed but thousands have been flourishing ever since.
- zerosizedweasle 1y agoI get your point. I'm not talking about AI in the future of the economy after the bubble burst settles. Or about the technology in the future. I'm talking about the cold hard economic calculus / numbers staring us near term in the face.
- andsoitis 1y agoI think the issue is your framing. You say “AI is a bubble…”, when I think you mean more something like “the gold rush around AI is a bubble…”
- BoredPositron 1y agoThe infrastructure got delayed significantly.