Re: AI bubble or bump in the road?
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The dot-com bubble, which occurred in the late 1990s and early 2000s, was characterized by rapid growth and speculation in internet-related companies. While many companies failed during the burst of the bubble, several technologies emerged and persisted, laying the groundwork for the digital landscape we see today. Some key technologies that emerged from the dot-com bubble include:
E-commerce platforms: Companies like Amazon and eBay survived the dot-com crash and grew into the e-commerce giants we know today. They paved the way for online retail and transformed the way people shop.
Search engines: Google emerged during the dot-com era and became the dominant search engine, revolutionizing how people find information on the internet. Other search engines like Yahoo! and Bing also grew out of this period.
Social media: While social media platforms like Six Degrees and Friendster originated during the dot-com bubble, it was after the crash that platforms like MySpace, LinkedIn, and eventually Facebook emerged and reshaped how people connect and communicate online.
Internet infrastructure: Despite the bubble burst, investments in internet infrastructure continued, leading to the expansion of broadband internet and the development of technologies like Content Delivery Networks (CDNs) and cloud computing, which are essential components of today's digital infrastructure.
Online advertising: Although many dot-com era companies focused on unsustainable advertising models, the industry evolved, and platforms like Google's AdWords and AdSense emerged, revolutionizing online advertising and forming the basis of the digital marketing landscape.
Mobile technology: While mobile technology wasn't as prevalent during the dot-com bubble, the groundwork for its development was laid during this time. The emergence of smartphones and mobile internet in the following years revolutionized how people access the internet and interact with digital content.
Overall, while the dot-com bubble led to the downfall of many companies, it also catalyzed the development of technologies and business models that continue to shape the digital world today.