https://www.nytimes.com/2025/12/09/technology/ai-boom-unlike-dot-com-boom.html
{{ That difference in scale is both alarming and — conversely — a comfort. The wealth and power of these A.I. companies are partly why Jerome H. Powell, the chair of the Federal Reserve, sees no cause for worry. These companies “actually have business models and profits and that kind of thing,” he said in October. “So it’s really a different thing” from the dot-com bubble.
To a large extent, the dot-com boom was a revolution from below. People around the country packed their bags and headed to San Francisco in the hopes of striking it big, just as they did in the original gold rush 150 years before. More than 2,200 dot-com companies went public between 1996 and 2001. At the time, it seemed like a lot. }}
Ai is a revolution brought to you by trillion dollar companies with earning and profits. They’ll survive an AI bubble and downturn.
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