[nabla9]

Dot-com bubble is a good analogy.

Nvidia will be Cisco of this era. Cisco was the worlds most valuable company when dot-com bubble peaked, went down almost 90% in 2 years. There was lots of "dark fiber" all around (fiber optic cable already installed but not used).

I think OpenAI and most small AI companies go down. Microsoft, Google, Meta scale down, write down losses but keep going and don't stop research.

I hope AI bubble leaves behind massive amounts of cloud compute that companies are forced to sell at the price of the electricity and upkeep for years. New startups with new ideas can build upon it.

Investors will feel poor, crypto market will crash and so on.