It's Giving Enron: on the AI Bubble, and the Various Echoes of the Dotcom Crash
Posted3 months agoActive3 months ago
davekarpf.substack.comOtherstory
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AI BubbleDotcom CrashEnron
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AI Bubble
Dotcom Crash
Enron
The article draws parallels between the current AI hype and the dotcom crash, as well as Enron's accounting scandal, sparking a discussion on the potential risks and unsustainability of the current AI market.
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Oct 16, 2025 at 8:46 AM EDT
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DaveZale
3 months ago
Yes, Enron. Beware of "the smartest guys in the room" ... try to corner the market and monopolize it all while producing no tangible goods. No doubt AI will succeed in many areas. But what happens when stable quantum computers obselete all the binary code? Not saying it will happen soon, but...
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