AI Boom Has More Substance Than 1990s Dot-Com Bubble, But Risk of Overhype Remains
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The dot-com bubble was fueled by hype and investors throwing money at startups with poor fundamentals. The AI craze is based on real technological advances.
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There's more skepticism and concern about AI's societal impacts compared to the dot-com optimism.
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AI software companies like Microsoft are profiting from AI, while AI hardware companies may be overvalued.
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Even some who see an "AI bubble" think it won't burst as badly as dot-coms since AI can generate more revenue.
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Signs to watch for a bubble bursting include price erosion and companies struggling to monetize AI products.