The web didn’t die after the dot com bubble burst. The AI bubble will burst, but a smaller niche of companies will continue to exist.
The web didn’t die after the dot com bubble burst. The AI bubble will burst, but a smaller niche of companies will continue to exist.
dan@upvote.au 4 weeks ago
The dot com crash was because tech companies were massively overvalued and didn’t have a proper business plan. I definitely see some similarities with the AI bubble, especially with the large unprofitable companies like OpenAI. OpenAI isn’t estimated to become profitable until 2029, and there’s a lot of unknowns between now and then (e.g. maybe they’ll be forced to license content they use for training).