@d12321 19 February 2023

What is the dot-com bubble and could it come back 🎈 Dot-com bubble (dot-com bubble) - financial bubble 1995-2000. in the shares of companies focused on making money on the Internet. Mainly in US equities, the collapse of the bubble began with a sharp drop in the NASDAQ index on March 10, 2000. The development of the Internet has led to the emergence of a huge number of companies that promised to make money from it. But most of them simply added .com to the name, launched an advertising campaign, listed their stock on the stock exchange, and enjoyed its growth. Only a few, such as Amazon, conducted real economic activity, but this did not save them from a 90% drop in shares. The history of the dot-com bubble may repeat itself in cryptocurrencies, where new tokens are created every day and the vast majority of these projects are needed only to quickly earn money by their creators. It is expected that at some point in the crypto market there will be a similar crash, after which only a small part of the cryptocurrencies will remain that have real applications and develop blockchain technologies 😱 Another reincarnation of dot-coms is possible on the hype around artificial intelligence and the beginning of its mass application through ChatGPT. More and more companies have begun to include AI in the list of activities, because it raises their value in the eyes of investors.