The economy looked really good before the dotcom crash too. The crash didn’t make the internet go away, but it damped the hype and blind, unchecked optimism that was leading to some rather short-sighted decisions.

Right now so many companies are trying to use AI just to use AI, rather than using it when and where it actually makes sense. This is the big thing that drives me, and I think many others, a bit crazy. I don’t expect a bubble pop to make us go back in time to 2022, but I expect it will put an end these the AI mandates, token maxing, and other foolish behavior.

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itsalwaysgood 2 hours ago | parent | next [-]

A lot of businesses depend on the Internet.

AI will be the same in the future. Not sure what to say about the ups and downs of stock price, or hype cycles.

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skinfaxi 2 hours ago | parent | prev [-]

> The crash didn’t make the internet go away, but it damped the hype and blind, unchecked optimism that was leading to some rather short-sighted decisions.

The crash did not make the internet go away. I don't foresee a world where we will go back to the pre-AI times either. In the same way that post dotcom crash, you would be a fool to not have your business online, I think we will find similar things to be the case around AI. Even if the bubble bursts AI is here to stay and that will have major consequences for labor.

	▲	itsalwaysgood an hour ago \| parent [-]
		The irony of the dotcom crash is that a lot of 'dark fiber' service started rolling out decades later. Fiber that was laid during the dotcom era. There are lots of datacenters going up in similar fashion. I don't know if they'd have the same utility decades later (very unlikely), but it's interesting.