Comment on In which ways the dot com craze of the late 90s and the current AI market differ? In which ways are the same phenomena?

zxqwas@lemmy.world ⁨1⁩ ⁨week⁩ ago

Pretty much the same as any other bubble. Everyone knows its a bubble but putting a million into a 1% chance to make a billion makes sense for anyone who can afford it.

AI will probably be useful for something. Noone knows exactly what so there is a huge amount of risk taking.

I’m not old enough to remember the sentiment during the dotcom bubble but it seemed more optimistic.

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