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    AI and dot-com bubble share some similarities however differ the place it counts

    Latest News

    Synthetic intelligence (AI) has seen super progress lately, exploding into common tradition and trade and resulting in comparisons with the now notorious dot-com bubble and crash of the Nineties.

    In the course of the late Nineties up till the early 2000s, internet-based corporations had been the topic of large hype and funding, with the sector peaking at a price of $2.95 trillion earlier than slumping to $1.195 trillion as capital dried up and buyers left in droves, inflicting many corporations within the trade to go bust.

    The market cap of AI has seen regular progress since 2021, with forecasts predicting it might attain $1.8 trillion by 2030. Supply: Statista
    Preliminary knowledge on ChatGPT’s site visitors efficiency towards Bing, Character.ai and Bard. Supply: Similarweb (NYSE:)
    The crypto market cap reached all-time highs in 2021 earlier than crashing again to earth. Supply: CoinGecko

    Proceed Studying on Coin Telegraph

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