The Technology Everyone Got Right (but it didn’t necessarily make them rich)
Most pundits are comparing the today’s AI boom to the Dot-Com/Telecoms bubble of the late 1990’s. It is a tempting analogy, it had hype, over-investment and soaring expectations, but it wasn’t a technology that rewired the entire economy.
By: Kirsten Boldarin
Electricity was.
And if you look at how electricity unfolded, the capital cycles, the false starts, the consolidation battles and the long, slow path to real productivity, the resemblance to AI today are uncanny.
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