this post was submitted on 15 Sep 2025
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And then AI will just go away and everything will go back to normal again, yes? It'll suddenly stop working and so people will stop using it for all the things they're currently using it for.
consider the Dot Com Bubble: the internet obviously didn't disappear but that doesn't mean there weren't serious economic consequences.
ELI5. Because I was actually 5 when that happened.
The dot-com bubble? A whole bunch of investment money was poured into businesses operating over the Internet from around the time dial-up became widely available. A few years later, investors realized that "on the Internet" wasn't necessarily the key to making a crapton of money and the stock market crashed. A bunch of companies (many of which never made it to profitability) went under, and a fair number of people lost their jobs. Pets.com was one of the more notable victims.
This doesn't, however, mean that no business is done over the Internet today.