Looking back at the rise and crash of the internet bubble, we see a classic example of how technology can go through massive changes. Between 1995 and 2000, the internet industry exploded, with thousands of startups popping up and investors pouring in huge amounts of money. But by 2000, the bubble burst, and many companies went under, causing chaos in the market. So, does the current tech scene have a similar risk of a bubble? Technology, especially things like self-driving cars, medical advancements, and smart devices, seems super promising right now, attracting tons of investment and startups. But just like with the internet, rapid growth in tech often comes with unrealistic expectations and a lot of blind investment.
In the late 90s, there was a lot of excitement around new technologies, and many startup companies were getting a lot of attention and investment. The risk is that if people invest too quickly without checking if these companies can really succeed, they might see a bubble forming along the line. Lots of companies promise too much and don’t deliver, we could end up with a lot of failures, it would lead to what happened back then. To avoid this, one important thing to do is for investors to look closely at what these companies are actually doing and if their ideas make sense. Learning from the past will help us be smarter about where to put our money.