Conversation

Notices

1. Embed this notice
   DanDan420 (dandan420@c.im)'s status on Thursday, 07-Mar-2024 12:59:30 JST DanDan420

   • Marcus Hutchins :verified:
   • Kevin Beaumont

   @GossiTheDog @malwaretech 👀Erm...You know, the web did continue to exist after the dot com bubble. Amazon.COM Google.COM Facebook.COM
   Did you post this via teletext?

   • Embed this notice
     DanDan420 (dandan420@c.im)'s status on Thursday, 07-Mar-2024 17:30:53 JST DanDan420

     • Marcus Hutchins :verified:
     • Kevin Beaumont

     @GossiTheDog @malwaretech
     No, the "whole thing" did not collapse. There were a million websites in '97, then there were 17 million websites in '00, 29 million in 01, and so on. Your Wikipedia link list maybe a hundred or two "affected" websites, which includes sites like Yahoo!

   • Embed this notice
     DanDan420 (dandan420@c.im)'s status on Thursday, 07-Mar-2024 17:31:49 JST DanDan420

     • Marcus Hutchins :verified:
     • Kevin Beaumont

     @GossiTheDog @malwaretech
     Here's the full story:
     In the 90s the Internet was young, a new frontier. People were making money hand over fist, so naturally more people wanted in on the action. A gold rush started, and junk sites started to pop up, eventually forming a bubble, which of course burst. That weeded out some of the junk, but in the long run it was just a blip on the radar. Companies like Google and Amazon would go on to make record profits over the next couple of decades (not that I'm endorsing them or their business practices.)

     Similar thing happened with cryptos: exponential growth for over a decade, which attracted a lot of money as well as a lot of shady characters. Then the bubble burst, prices took a hit, 50% down or more, and whipped out a bunch of shitcoins. But the blockchains did not go away, and yesterday Bitcoin briefly hit a record high. (I'm not endorsing any cryptos.)

     And the same thing is happening with AI now, a lot of hype and excitement, a lot of money pouring in, and a bubble will likely burst sooner or later; but AI isn't going away. The genie is out of the bottle, for better or worst.

     Anyway, I'm done boring youl. G'night!