As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.
Well there are two of us right here in the comment section. I had a great job at a startup online retailer. They had a good business model, it was a great place to work.
We had been beating our sales projections and were only a couple months away from being profitable when the Sept 11 attacks happened. Within two weeks, our VC funding stopped and we were all out of jobs because the company owners had to choose between paying rent and paying us. They chose to pay us all severance, bless them for that.
Thankfully I was young, didn’t own a house, didn’t have kids. But a lot of my colleagues did.
Fully admits to being a literal child at the time. Still talking like they have something to contribute about the situation they fully admit to knowing nothing about. Gets snarky with the people who were actually impacted by it.
Fucking why do people like you feel the compulsive need to open their mouths about every god damned thing? Maybe your opinion, I dunno, isn’t relevant.
I would like to introduce you to a different possibility. It’s called keeping your mouth shut and listening. Crazy idea, I know, but it’s often followed by this thing called learning.
Give it a try sometime.
So according to this thread, 50% of people got affected by the dotcom bubble, right?
