You missed my point entirely. There was real value created during the dotcom boom too: Amazon, eBay, PayPal, Google, etc did not 'create fake problems'. Amidst the pearls of real value, were dozens/hundreds of overvalued, dogshit companies which never get a ROI for their investors, and the even marginally useful companies went under when the market correction hit.
There will be the WebVans of the AI boom era, we just don't know their names yet. There also will be Ciscos and Suns that will never reach their high-water mark ever again, or become obsolete in a few years, and sold for less that what people expect.
There will be the WebVans of the AI boom era, we just don't know their names yet. There also will be Ciscos and Suns that will never reach their high-water mark ever again, or become obsolete in a few years, and sold for less that what people expect.