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2023-08-16 12:31:41

Dare Obasanjo on Nostr: There are two key takeaways from the Dot Com bubble that I believe are relevant today ...

There are two key takeaways from the Dot Com bubble that I believe are relevant today

1. The enthusiasm was right but the timing was wrong. A bunch of the ideas that were deemed failures then are huge companies today (e-commerce, online pet stores, food delivery, etc)

2. Investors bet on the wrong companies being the ones to capture the value (e.g. Cisco)

AI isn’t a bubble like say crypto was but we are at the peak of inflated expectations.

https://futurism.com/ai-dot-com-bubble
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