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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)

submitted 1 year ago by [email protected] to c/[email protected]

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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] [email protected] 9 points 1 year ago* (last edited 1 year ago)

It is all ridiculous how quickly these bubbles form - and then burst - these days.

Obviously AI has been around for a while, amd ChatGPT has been in development for years, but it really only hit the mass media literally less than a year ago. Late November, early December of 2022. And in well under a year there is already talk of the bubble bursting. The Dot Com bubble which many are referencing lasted for a much longer time. That bubble was inflating for years before it simply got so big it had to explode.