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We're in 1905: Why Electricity (Not Dot-Com) Is the Right AI Analogy

Joe Reis· ·9 min read · 0 reactions · 0 comments · 4 views
We're in 1905: Why Electricity (Not Dot-Com) Is the Right AI Analogy

The Weekend Windup #29 - Cool reads, events, links, and more

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Substack · Joe Reis
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We're in 1905: Why Electricity (Not Dot-Com) Is the Right AI AnalogyThe Weekend Windup #29 - Cool reads, events, links, and moreJoe ReisApr 19, 202657713ShareA 1920’s era speculation on electrifying the farm. Source: Paleofuture.Everyone loves comparing AI to the dot-com bubble. It’s the most recent tech revolution we can point to, and the parallels are obvious: insane valuations, companies raising money by slapping “AI” on their pitch deck, the general pandemonium and silliness of it all. I was around during the dot-com era, and it was f*cking bananas. Money made from thin air…and also vanishing into thin air. Much like today.But I think it’s the wrong analogy for where we are with AI today.

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