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The dot com boom was a bubble. Doesn't mean that the underlying web technology that powered it was bad or worthless. But the valuations definitely were. AI, in
by omeysalvi 21d ago
The dot com boom was a bubble. Doesn't mean that the underlying web technology that powered it was bad or worthless. But the valuations definitely were. AI, in its current form, will be around for a long time, maybe even as ubiquitous as the internet is today, a few decades from now. But the situation right now can definitely be classified as a bubble.
- expedition32 21d agoConsolidation. This happened with cars during the great depression. Lots of small factories were bought out by Ford and Chrysler.