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by redbluered 14 days ago
That's not quite the lesson.

Earnings did come, and the outcome of the internet include Google, Amazon, and others -- several of the ten biggest companies in the world.

In 2000, there was no sane way to predict who the success stories versus failures would be, timeliness, or otherwise.

AI will be a big change. We don't know how big, when, or who the losers and winners will be yet. Everything could be grossly overvalued or undervalued. We'll only know in hindsight.

2 comments

Has anybody worked out quantitatively whether the total dot-com boom was a decent investment in hindsight?
There is no shot that current AI tech comes even close to being as influential as the Internet. What we have right now is useless for getting anything productive done because it's so unreliable.