(no title)
tompark | 10 months ago
This sounds like that Yogi Berra-ism, "No one comes here anymore, it's too crowded."
I suppose well over half of the people who read HN are too young to remember the dotcom craze. Everyone had every scrap of money tied up in tech stocks. IMO, the hype over AI is relatively small compared to other hype cycles. The goofiest part was the endless predictions about the singularity, and "you don't know what exponential growth looks like, man!". I mean, it can still happen, but for a while that's what AI was all about.
bluefirebrand|10 months ago
I think this is a really interesting observation actually
The dotcom boom describes a period of time where money was flying around like crazy, the economy went wild
During this "AI boom", investment and the economy is cratering. It's not even remotely comparable