Hmm. The comparison makes sense in some ways, but the thing is - as much as I dislike AI, I think AI will stay, whereas the internet bubble seemed to subside without that much left from it, more or less. While I hate most of AI, it does have some use cases - the current hype will eventually subside or collapse, but I think the core use cases will most likely remain.

"All but Alphabet have seen big share declines in the past month. Microsoft is down 12 percent, Amazon is down 14 percent, Meta is down 22 percent, Oracle is down 24 percent"

That fluctuates anyway and profits are made by some - nothing new here.

I think the world needs to detach from the stock markets though. That may not seem realistic right now, but if you look at the current US president and the ties to superrich, we really have a huge problem now. A few parasitize on the masses. That can not be sustained. It is not ethical.

"It will spark a generation of innovations that we can’t yet even imagine."

I am not so sure. So far I successfully avoided AI, including becoming dependent on AI - I am not. So that is good.

I can not really see what "innovation" would make me want to embrace AI. Perhaps I can be forced into it, but right now I am happy avoiding it.

"Because we humans are pretty good at predicting the impact of technology revolutions beyond seven to ten years."

No, we really are not.

"Not only does the AI bubble in 2025 feel like the internet bubble in 1999"

It is still not the same.

I feel the article is falling apart there. It tries too much to compare to the 1999, but it is not the same.