I was born in 1997 and have no clue how the .com bubble looked like. With the way they are advertising AI right now (it will solve every problem on earth) it just annoys me, and what’s worse people who aren’t in the ML/DL field are buying it too. I am just curious how the .com was like and how it compares to the current AI bubble?
I think they’re quite comparable. Lots of companies earned a ton of investment funding for having the word “AI” in their name, and they will collapse over the next couple years. But much like the Dot Com bubble, the big ones will survive, possibly with only a few years to recover back whatever they lose during a pop.
But even the investments are focusing now on fewer, large companies.
In the dotcom era, investment funding was falling on everyone, like the rain.