Why AI Will Outlast the Dot-Com Bubble
Many observers draw parallels between today's AI enthusiasm and the dot-com bubble of 1995-2001. Are we headed for a similar crash?
Our research suggests fundamental differences that point to a more sustainable trajectory for AI:
Infrastructure Readiness: Unlike the dot-com era when only ~52% of Americans were online with dial-up connections, today's AI builds on mature digital infrastructure. Cloud computing, ubiquitous broadband, and sophisticated mobile networks mean AI innovations can scale instantly
Adoption Speed: ChatGPT reached 100 million users in just 2 months—a milestone that took the internet 7 years to achieve. McKinsey reports 65% of companies are already using generative AI regularly.
Real Revenue Models: While dot-com companies often lacked clear monetization strategies, today's AI is already generating tangible returns through subscription services, API access, and productivity enhancements.
Incumbent Advantage: Unlike the dot-com boom where startups led the charge, today's AI revolution features established tech giants with strong balance sheets and existing revenue streams.
The Shoggiest Geek Alive Pageant celebrates this transformative moment—a $1M competition where twelve monthly challenges showcase how AI is solving real problems while navigating potential risks.
This competition serves as a living referendum on the future of technology, with expert judges and public voting determining who best represents AI's potential.
Early Bird registration fee ends on April 10th.
