A short recorded discussion arguing that current AI developments parallel the Internet/B2B software disruption of the late 1990s. The speaker places today's moment roughly at the 1998 stage of the Internet rollout and characterizes it as a hype-cycle similar to the "new economy" era when many companies went public with little or no revenue.
And the narrative is that, like, there could be a very close parallel to how the interrupt the Internet disrupted society and B2B software and how AI will. And we're seeing a lot of parallels to that. And if we were to say what year this is in the Internet rollout, It's probably around 1998. As the other narrative that I'm hearing that I agree with is that we're in a hype situation. Cycle. Okay? So if you remember, if you're around back then 1998, it was the new economy. Do you remember the new economy? All the Goldman Sachs bankers and McKinsey people quit their jobs and became CEOs of these supposedly disruptor businesses that went public with no revenue.
