The political economy of the dot-com bubble reflected neoliberalism at full tilt, as the state retreated from the technology sector and private capital flooded in. …
Today’s accelerationist MAGA-AI boom is different. The initial spark is technological, but the state is now applying accelerant liberally. … The sums involved now dwarf the dot-com era.

What the history of tech bubbles can tell us about AI
https://www.euractiv.com/opinion/what-the-history-of-tech-bubbles-can-tell-us-about-ai/
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