AI and dot-com bubble share some similarities but differ where it counts By Cointelegraph
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© Rotem Cnaani, SimilarWeb PR
Artificial intelligence (AI) has seen tremendous growth in recent years, exploding into popular culture and industry and leading to comparisons with the now infamous dot-com bubble and crash of the 1990s.
During the late 1990s up until the early 2000s, internet-based companies were the subject of massive hype and investment, with the sector peaking at a value of $2.95 trillion before slumping to $1.195 trillion as capital dried up and investors left in droves, causing many companies in the industry to go bust.
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© Rotem Cnaani, SimilarWeb PR
Artificial intelligence (AI) has seen tremendous growth in recent years, exploding into popular culture and industry and leading to comparisons with the now infamous dot-com bubble and crash of the 1990s.
During the late 1990s up until the early 2000s, internet-based companies were the subject of massive hype and investment, with the sector peaking at a value of $2.95 trillion before slumping to $1.195 trillion as capital dried up and investors left in droves, causing many companies in the industry to go bust.
Continue Reading on Coin Telegraph