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Fortune
Fortune
Jessica Coacci

Former Cisco CEO John Chambers navigated the dot-com crash—now he sees the same red flags with AI

John Chambers Cisco Internet
John Chambers (Credit: Taylor Hill-Getty images)

John Chambers, the former CEO of Cisco, knows a lot about tech bubbles. As a veteran of the internet’s boom that led to the dot-com crash, he’s seen his fair share of transformative technologies, and their effects on the industry. 

But the recent frenzy of AI-fueled investments and stock-market gains has Chambers experiencing déjà vu: The AI-hype feels all too reminiscent of the 1990s crash. 

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