Why the AI Boom Won’t End Like the Dotcom Bubble

Why the AI Boom Won’t End Like the Dotcom Bubble

Twenty-five years ago, the dotcom bubble popped, wiping out trillions in market value and transforming Silicon Valley’s swagger into soul-searching. Overnight. It was a cautionary tale of hype outrunning the reality of startups with no viable product or revenue model securing millions in funding, simply for having a “.com” at the end of their name. […] The post Why the AI Boom Won’t End Like the Dotcom Bubble appeared first on Geeky Gadgets.

We are in bubble territory

The top three headlines from an FT newsletter this morning are The first two read so much like 1999. Just spend, spend, and spend and the riches will roll was the theory back then. But it did not happen. The last shows that despite all the spending in IT, it can still fail. Tech is helpful: I rely on it in almost all aspects of my working life. But let's not pretend it solves all problems or is the source of all profit, because it most definitel…