Is Silicon Valley Repeating Dot-Com Bubble Mistakes with AI Frenzy?

Another OpenAI entanglement is renewing fears of a repeat of the dot-com era

AI’s financing machine appears to be a snake eating its own tail

Is Silicon Valley repeating dot-com bubble mistakes with AI frenzy?

Is Silicon Valley repeating dot-com bubble mistakes with AI frenzy?

The AI Boom vs. the Dot-Com Boom

The comparison between today’s artificial intelligence frenzy and the dot-com bubble of the late 1990s has become impossible to ignore. As AI companies command valuations reaching into the hundreds of billions—minting dozens of new billionaires in 2025 alone—and tech giants pour unprecedented sums into data centers, investors and analysts are asking a similar question: Are we watching history repeat itself? The similarities are striking. Like th…