alt Hacker NewsIt is worse than in 2000 now. Amazon, Microsoft all had good products back then. Amazon was in fact better than it is now.
"AI" hardly has any working products. Vibe coding is foisted upon companies by CEOs who want to promote their friends' products or who want to use it as an excuse for firing people or who have circular revenue agreements with other companies.
This is like the housing bubble of 2008 which was based on hot air and incorrect algorithms.
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lkbm • last Sunday at 7:46 PM
I think Amazon search was likely better, and there weren't fake products, but there were also far fewer products, and shipping was maybe 30% as fast.
I wasn't a fan of any Microsoft products at the time, though Excel was pretty good when I started using it heavily a few years later.
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Amazon, Microsoft, Google all are profitable even despite their capex. Worst case scenario they stop spending on AI capex and go back to being ridiculously profitable instead of just comfortably profitable. There's no actual implosion for the big names.