In the 1990s, the internet became public. Investors began investing in local companies that now had a global market available to them.
Almost anyone with a Dot-com web address started getting investment capital, even if they never made money. By 2000, when these investors began selling their money-losing stocks it created the Dot-com bubble and the stock market crashed.
Artificial intelligence may be headed in the same direction. Investors are investing in anything that seems to be tied to artificial intelligence.
Proverbs 22:3 teaches, “The prudent sees danger and hides himself, but the simple go on and suffer for it.”
It will take a while, but there will possibly be an AI bubble in the future. In this series, I’ll share some lessons I learned through the Dot-com bubble.
