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FpUseryesterday at 7:07 PM2 repliesview on HN

Internet was a bubble, so was telecom etc. at some point. Being bubble does not mean that when 90% of investments go down the drain the remains are not useful.


Replies

fastballyesterday at 9:59 PM

"The Internet" was not a bubble. Companies with no long-term business model / sufficient product-market fit that were riding hype were the "dotcom bubble". But when those companies crashed, nobody said "I really want to get my hands on their IP", because it wasn't valuable – an important pre-requisite to the the bubble popping. Seems to be a different case here if people actually want the SOTA models.

mr_toadyesterday at 10:19 PM

Railways were both a bubble and, eventually, one of the most significant technological innovations in history.