The Rise of A.I. Is Not Like the Dotcom Bubble
Enterra Insights
JULY 23, 2024
Nearly three decades ago, the world experienced what became known as the dotcom bubble. Many of the start-ups that popped up during that time raised significant amounts of capital, spent it lavishly, and went bust. Economic sociologist Adam Hayes explains, “The dotcom bubble, also known as the Internet bubble, grew out of a combination of the presence of speculative or fad-based investing, the abundance of venture capital funding for startups, and the failure of dotcoms to turn a profit.
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