And, the .com bomb killed some companies and slowed down spending for a bit. It did not kill the internet, and now companies like Amazon(.com) are absolutely enormous.

Some people think the GenAI bomb is going to kill GenAI, I think it's just going to weed out those with too high of expenses and no way to evolve the compute to be cheaper over time.

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oinfoalgo 2 days ago | parent | next [-]

The forward P/E of the Nasdaq 100 is pretty exemplary of how this is not the same situation at all.

https://en.macromicro.me/series/23955/nasdaq-100-pe

It is easy to spot the dot com bubble on this chart.

	▲	j45 a day ago \| parent [-]
		It’s a fair point. At the same time there’s actual software and not vapourware of the dot com boom.

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sech8420 3 days ago | parent | prev | next [-]

"Some people think the GenAI bomb is going to kill GenAI,"

Sure, a very very small percentage of people who know hardly anything about GenAI might think this.

	▲	__loam 3 days ago \| parent [-]
		It's the opposite. The more I learn about the financial state of these companies the worse my opinion gets.

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j45 3 days ago | parent | prev [-]

There was barely no one using the internet then let alone doing e-commerce.

It’s worth reading up on it to see what’s actually comparable.