The November 2025 comparison treats AI investment as resembling the early dot-com boom. One participant stresses the resources tied up in the expansion and raises a concern about long-term water use. Alex Clarke questions the appearance of permanent growth and expects an eventual period of consolidation. A few large companies dominating the market is his forecast, with no date or quantified outcome offered.
Notable Point · 7:59:35-8:00:41
AI investment compared with the dot-com boom
A dot-com comparison frames a forecast that AI investment could end in consolidation among a few large companies.