The dot-com #bubble was the 1995-2000 financial bubble in stocks of companies focused on making money on the Internet. Mostly took place in U.S. stocks, the collapse of the bubble began with a sharp drop in the #NASDAQ index on March 10, 2000.
The development of the Internet 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 their name, launched an advertising campaign, listed their stock on the stock #exchanges and enjoyed their growth. Only a few, such as Amazon, did real economic activity, but that didn't keep them from dropping 90%.
The history of the dot-com bubble can be repeated in cryptocurrencies, where new tokens are created every day and the vast majority of these projects are only needed to make money quickly for their creators. It is expected that at some point there will be a similar collapse in the crypto #market , after which only a small part of cryptocurrencies that have real application and develop blockchain technologies will remain đ±
Another reincarnation of the dotcoms is possible on the hype around artificial intelligence and the beginning of its mass application through ChatGPT. More and more companies have started to include AI in their list of activities because it raises their value in the eyes of #investors .
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