Comment on In which ways the dot com craze of the late 90s and the current AI market differ? In which ways are the same phenomena?

OhmsLawn@lemmy.world ⁨2⁩ ⁨days⁩ ago

From what I understand, the AI bubble is compounded by an affordability crisis. The price of assets (housing, stocks, gold, etc.) has been increasing far faster than wages and consumer prices. The upswing in prices of everything is likely to support the AI bubble longer than expected.

Here’s a video on the subject.

m.youtube.com/watch?v=AuXYXih0wVA

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