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AI boom reflects significant differences from the dotcom era
- Financial Advice
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- 11.11.24
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The AI rally of 2024 has drawn comparisons to the dotcom bubble of the late 1990s, but there are key differences. While both periods saw rapid technological advancement and investor enthusiasm, the demand for AI is built on profitability and real-world applications, rather than speculative expectations. Backed by major tech giants with strong cash flows, AI's foundations appear more solid, offering substantial investment opportunities. However, as with all tech cycles, caution is warranted as valuations rise and competition intensifies. Read the full article to explore how the AI boom compares...