From Newsgroup: soc.culture.bulgaria

The AI boom is now bigger than the rCO90s dotcom bubblerCoand itrCOs built on the backs of bots, maybe more than real users

By Ashley LutzExecutive Director, Editorial Growth
Ashley Lutz Executive Director, Editorial Growth

Nick LichtenbergBy Nick LichtenbergFortune Intelligence Editor

July 22, 2025 at 10:34 AM EDT

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Consider the investors that are pumping money into bot-boosted business models, and then consider the wisdom of Torsten Slok, the widely read
chief economist for Apollo Global Management, who is known for shaking
the financial community with his brief charticles in his rCLDaily Spark.rCY
He recently posted an eye-popping chart, based off his calculations that rCLthe difference between the IT bubble in the 1990s and the AI bubble
today is that the top 10 companies in the S&P 500 today are more
overvalued than they were in the 1990s.rCY In other words, if the AI trade
is a bubble, itrCOs a bigger bubble than the one that popped in the days of the rCLdotcom crash,rCY leading to a nasty recession. Slok didnrCOt address the
bot question, but it lends further seriousness to the debate: what if the current AI boom is built on the backs of bots?

This bot-driven inflation may be feeding into a broader tech and AI
investment bubble. As companies report rapid user growth and engagement, investors chase the next big thing, and result is a market environment reminiscent of the dot-com era, where hype and inflated metrics risk overshadowing real business fundamentals.

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https://fortune.com/2025/07/22/is-artificial-intelligence-ai-bubble-bots-over-50-percent-internet/

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