It's nothing like the dot com bubble because that was based on speculative future value and zero present value. There is more present value in AI than at any point in software in the last 30 years.
It's nothing like the dot com bubble because that was based on speculative future value and zero present value. There is more present value in AI than at any point in software in the last 30 years.
The Internet bubble was also based on something real, but that didn't stop it from being a bubble.
For example, Cisco parked at over $500B in market cap during the boom. Its current market cap is around half that, at $250B.