The dotcom bubble popped because of the shortsightedness of the last mile of infrastructure that could have made us, today, have a base Internet speed of 1gbps.
How I see AI compared to it is they only have the first mile figured out and hoping more money will equal more better.
It will crash, it will burn, it will be a black hole for the economies and companies that leaned in. It will turn around pretty quick, but there will be pain because of how many “first miles” they created.
The dotcom bubble popped because of the shortsightedness of the last mile of infrastructure that could have made us, today, have a base Internet speed of 1gbps. How I see AI compared to it is they only have the first mile figured out and hoping more money will equal more better.
It will crash, it will burn, it will be a black hole for the economies and companies that leaned in. It will turn around pretty quick, but there will be pain because of how many “first miles” they created.