Comment by acoustics
1 day ago
I think people are confusing the bubble popping with AI being over. When the dot-com bubble popped, it's not like internet infrastructure immediately became useless and worthless.
1 day ago
I think people are confusing the bubble popping with AI being over. When the dot-com bubble popped, it's not like internet infrastructure immediately became useless and worthless.
that's actually not all that true... a lot of fiber that had been laid went dark, or was never lit, and was hoarded by telecoms in an intentional supply constrained market in order to drive up the usage cost of what was lit.
If it was hoarded by anyone, then by definition not useless OR worthless. Also, you are currently on the internet if you're reading this, so the point kinda stands.
Are you saying that the internet business didn't grow a lot after the bubble popped?
And then they sold it to Google who lit it up.