AI Bubble Today Is Bigger Than the IT Bubble in the 1990s
AI Bubble Today Is Bigger Than the IT Bubble in the 1990s
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AI Bubble Today Is Bigger Than the IT Bubble in the 1990s - Apollo Academy
5 comments
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"P/E" is apparently this: https://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio
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Very related - https://www.multpl.com/shiller-pe This is inflation adjusted. Still not great looking,
but overall not as extreme as the dot com bubble (from a strictly P/E
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It's all gonna crash and burn.
I don't remember a 90s "IT bubble" - they must mean the "dot com bubble," when people thought they would get rich overnight just by having a website. A zillion startups took advantage of it and venture capital flowed freely down the drain, just like now.