What on earth are you talking about. The exponential growth in the 1990s, percentage wise, far outpaced the AI bubble. Go look at Intel, Microsoft, lucid, etc from the dot com boom. This is the problem with 20-somethings’ hot takes on the market: no history.
The '90's bubble is what the AI "bubble" would be if everyone you spoke to was glowing with excitement about AI, and a few niche analysts were raising concerns about capex.
Instead this "bubble" is packed with people who detest AI and have extremely bearish views on it's future. If this "bubble" does pop, I think it will be the first one in history that every single person saw coming.