The Bottom Line – Is AI the New Dotcom Bubble? | EUROtoday

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Right now, Artificial Intelligence feels unstoppable. Investors are piling in, expectations are sky-high and claims a few radically completely different future are in all places. To anybody who remembers the late Nineteen Nineties, all of it feels strikingly acquainted.

Back then, the web sparked the dotcom increase – a frenzy of massive concepts, simple cash and hovering valuations. When the bubble burst in 2000, billions had been misplaced and corporations worn out. Yet the core concept proved proper – the web did remodel lives, simply extra slowly and messily than anticipated. And there are vital classes to be realized.

Evan Davis talks to Ernst Malmsten, co-founder and CEO of boo.com, one of the crucial high-profile startups of the dotcom period. From his frontline seat within the increase and bust, he shares what actually occurred and what right now’s AI second can study from it.

Guests:
Ernst Malmsten, co-founder and former CEO, boo.com
Gretchen Morgenson, enterprise reporter on the New York Times throughout the dotcom bubble, now senior monetary reporter, NBC News Investigations
David Pringle, tech author and former Wall Street Journal reporter

Production group:
Presenter: Evan Davis
Producer: Sally Abrahams
Production Co-ordinators: Katie Morrison and Jack Young
Sound: Dave O’Neill and Rod Farquhar
Editor: Matt Willis

The Bottom Line is produced in partnership with The Open University.

Programme Website

https://www.bbc.co.uk/sounds/play/m002pqnp?at_medium=RSS&at_campaign=rss