> A bubble isn't related to whether something is useful or not, it's about speculation and detachment from reality.

See the dotcom bubble in the early 2000s for a perfect example. The Web is still useful, but the bubble bursting was painful.

The web in 2000 wasn't actually very useful.

	▲	kergonath 6 days ago \| parent [-]
		It was. There were blogs, news, forums, shops. I was buying CDs off Amazon and computers on the Apple Store in 2000. I met my wife on a PHPBB forum. I read hours upon hours of research on the Noldor language on someone’s blog. Jon Stokes and John Siracusa (and many others) were posting on Ars, including what was becoming the future of MacOS. Anandtech was already there, even if it had a lot of room to grow and improve. I really don’t know where you got that impression.