How AI Investment Boom Mirrors Internet’s Wild Rise and Fall
The AI investment boom has emerged as one of the most significant financial and technological phenomena of the 21st century, echoing the euphoria and risks of the internet revolution. John Chambers, the legendary former CEO of Cisco Systems, has lived through one such transformative era — the internet’s rapid expansion and subsequent collapse at the turn of the millennium. Today, as artificial intelligence reshapes industries at record speed, Chambers sees unsettling similarities between these two moments in history. During his years leading Cisco, Chambers witnessed the internet’s evolution from a niche network for academics to the backbone of global commerce. … Read more