Comment by jameshart

The effects of the AI hyper scaling boom on the commodity hardware and energy markets are very much not like the dot com boom.

Outside of the obvious economic effect of the dot com boom - the creation of near infinitely scalable high margin online businesses - there was a secondary effect on consumer electronics, with a massive growth in demand for networked devices; there was then much more of a balance between the hardware growth in the network infrastructure and data center worlds as well as in desktop and mobile.

The AI boom’s hardware impact is much more skewed, as this article details.