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Rod McNaughton, Professor of Entrepreneurship, University of Auckland, Waipapa Taumata Rau

The AI boom feels eerily similar to 2000’s dotcom crash – with some important differences

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If last week’s trillion-dollar slide of major tech stocks felt familiar, it’s because we’ve been here before – when hype about innovation last ran headlong into economic reality.

As markets slump on the back of investor unease over soaring valuations of artificial intelligence (AI) companies, commentators are asking the same question they were during the dotcom crash 25 years ago.

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