When the internet mania turned to bust in march 2000, it made a bit of a mess. Only the story has changed Federal reserve chair jerome powell said on wednesday that the current ai boom is different from the dotcom bubble
Powell said that unlike the businesses of the internet boom, ai. The logic remains the same The internet boom attracted engineers with a background in networking and web development
The late‑1990s saw minimal government oversight, allowing bubbles to inflate unchecked Analysts who argue that the ai boom resembles the dotcom bubble point to the same ingredients that fueled pets.com and webvan Hype, inflated valuations, speculative investments and uncertain returns.
