Dot-Com lessons for the AI bubble
LONDON — It is a truth universally acknowledged that transformative new technologies rewrite the rules of finance. Or so we are told in numerous commentaries, social-media posts, and regulatory filings relating to the current artificial intelligence (AI) investment boom, which may well prove to be a bubble. Fundamentals can be overlooked for only so long. For those too young to remember the…
London — The current artificial intelligence investment boom may very well prove to be a bubble, as numerous commentaries, social-media posts, and regulatory filings suggest. Fundamentals can be overlooked for only so long. Those who are too young to remember the dot-com crash of the early 2000s may find important lessons in that financial frenzy.
The dot-com boom emerged from the early internet era, and I, as an engineer at the infrastructure level, remember the frantic, explosive, and inspiring atmosphere. Companies I worked for presented investor materials featuring images of mountain ranges, emphasizing that in 1848, similar opportunities were recognized before the technological revolution. The AI boom shares similarities with the dot-com boom, but without the fear of human extinction.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Dot-Com lessons for the AI bubble koreatimes.co.kr
