Summary
A radio program episode discusses the similarities between the current excitement about Artificial Intelligence (AI) and the dotcom boom of the late 1990s. The show examines whether AI might be experiencing a bubble, similar to the one that burst in 2000. Experts share insights on what can be learned from the past to better understand the potential risks and opportunities with AI today.
Key Facts
- The episode is from a BBC Radio 4 program called "The Bottom Line."
- The focus is on whether AI is similar to the dotcom bubble of the 1990s.
- Experts recall the dotcom boom where many internet companies rapidly increased in value.
- The dotcom bubble burst in 2000, leading to significant financial losses.
- The core idea of the internet transforming lives eventually became true, despite initial setbacks.
- Guests include Ernst Malmsten, a key figure from the dotcom era, and current financial reporters.
- The program is produced with The Open University.