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by kg 297 days ago
There was a lot of business value during the dotcom boom and we still had a crash. The question is how many AI companies have strong fundamentals and will survive, vs the ones that have weak fundamentals and will die if/when the investment money dries up.
2 comments

The sad thing about bubbles based on overhyped but nevertheless useful tech is the collateral damage of the pop. Small promising companies that are simply too young to have good fundamentals will go under from the backlash created among investors and potential customers. It’s destruction that could’ve been avoided if we had a more measured and sober society that doesn’t need a new craze every 5 years.
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