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Showing posts with the label Future of AI technology

Why the AI Boom is Different from the Dot-Com Bubble - An In-Depth Analysis

The artificial intelligence (AI) boom is one of the most talked-about technological phenomena of our time. Along with the rapid technology progress in AI, massive outlay from major tech companies, and shifted AI into the various sectors most are comparing it with the infamous dot-com bubble of the late 1990s and early 2000s. However, despite these comparisons, the current AI boom is fundamentally different from the dot-com bubble. This article explores these distinctions, evaluates the authenticity of the AI craze, and considers whether the AI industry will continue to thrive or face potential challenges. Revisiting the Dot-Com Bubble The dot-com bubble was buzzy in the '90s. Stocks soared up so much that everyone wanted to invest. But in 2000, it burst. The value of internet companies was too high and too risky. Many startups saw their stock prices skyrocket despite lacking solid business models or consistent revenue streams. The bubble pop was the reason for the market crash alon...