Current tech enthusiasm parallels the late-1990s bubble dynamics
Evidence
In fact the 1990s’ boom is redolent of much of today’s fascination with the sharing economy, the internet of things, and other tech-enabled businesses. — Nick Srnicek, Platform Capitalism, 27
Categorization
- SEED: Seed for an essay comparing today’s platform/AI hype cycle to the 1990s dot-com boom and asking whether the infrastructural analogy holds this time.
- XREF: connects to: Massive acquisitions of MySpace and YouTube revived 1990s-style internet financial euphoria; Technology develops a self-sustaining momentum beyond its original drivers — Anthony Giddens, The Consequences of Modernity, 393; Public discourse about technology shapes behavior, attention, and capital flows — Alice E. Marwick, Status Update: Celebrity, Publicity,…, 57 (+2 more)
Related
- Massive acquisitions of MySpace and YouTube revived 1990s-style internet financial euphoria (similarity 0.86)
Broader Connections
- Modern technological scale makes today’s speculative moment historically singular despite echoes of past debates
#qualifies(0.80) — Aris Komporozos-Athanasiou, Speculative Communities, 162 - Technology develops a self-sustaining momentum beyond its original drivers
#expands(0.78) — Anthony Giddens, The Consequences of Modernity, 393 - Cheap credit migrated from the dot-com bubble to the housing bubble
#qualifies(0.75) — Andrew deWaard, Derivative Media, 83 - Public discourse about technology shapes behavior, attention, and capital flows
#expands(0.72) — Alice E. Marwick, Status Update, 57