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The AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, analyst says (www.marketwatch.com)
submitted 1 year ago by to c/latestagecapitalism@lemmy.world
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cross-posted from: https://lemmy.world/post/36846875

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[–] -1 points 1 year ago

I mean the dot com bubble was primarily the world wide web as a focus. The world wide web did, in fact, turn out to be a huge thing that changed our lives.

I expect AI to be similar. It's a significant evolution of Google search. It's pretty good at natural language processing.

So AI is a thing that's going to be here to stay. At least 3% of the hype is well deserved and will last.

I can't speak for the other 97%. Maybe we should look to the dotcom bubble for answers, since we just went through this thirty years ago.

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