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?

vane@lemmy.world ⁨5⁩ ⁨days⁩ ago

90s dot com boom was about getting rich with stupid ideas. Government was working, technology companies were not in charge. Ex. en.wikipedia.org/…/United_States_v._Microsoft_Cor…. from 1998. 90s bubble was caused by people. Today bubble is caused by governments around the western world supporting monopolies and global corporations. There are only handful of companies today that are in cartel that rules the world. It will be worse.

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