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Wall Street’s AI Bubble Is Worse Than the 1999 Dot-com Bubble, Warns a Top Economist
Back in 1999, Wall Street lost its collective mind over the internet. Companies with no revenue were suddenly worth billions, “eyeballs” were treated as currency, and market analysts predicted a frictionless future where everything would be digital. Then the bubble burst. Between March 2000 and October 2002, an estimated five trillion dollars in...
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