True...the ones that raised $2M with just a domain name and vaporware. THat's notwhat I'm seeing in AI right now

zerosizedweasle 10 hours ago | parent [-]

No, WorldCom and 360Networks were fiber companies. A lot of internet infrastructure companies went under.

cranberryturkey 10 hours ago | parent [-]

Yes, but my point is the fundamental tech didn't disappear. Those companies failed but thousands have been flourishing ever since.

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BoredPositron 6 hours ago | parent | next [-]

The infrastructure got delayed significantly.

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zerosizedweasle 10 hours ago | parent | prev [-]

I get your point. I'm not talking about AI in the future of the economy after the bubble burst settles. Or about the technology in the future. I'm talking about the cold hard economic calculus / numbers staring us near term in the face.

	▲	andsoitis 9 hours ago \| parent [-]
		I think the issue is your framing. You say “AI is a bubble…”, when I think you mean more something like “the gold rush around AI is a bubble…”