As the co-founder of AOL, I had a front row seat to the Internet revolution ...Yes, the government played a critical role in enabling the Internet to flourish ... When the bubble burst, many concluded that the Internet was a passing fad.
This month marks 25 years since the original internet bubble blew up and wiped out trillions ... AI crash follows same playbook as dot-com bubble ... “The thing that makes a bubble a bubble is the negative burn rate ... Today, we use the internet for everything.
Not many companies can lose $1trn in market cap. Nvidia (NASDAQ...Cheap chip maker? ... How much growth ... But all this sky-high optimism reminds me of the old dot com bubble. Everyone thought the internet would advance at light speed, and they were right ... .
