Ask HN: Is the rise of AI tools going to be the next 'dot com' bust?

9 Dicey84 6 8/13/2025, 9:02:17 AM
For context, attended an Australian based tech expo / conference recently and whilst at the show (I’m sure there were marginally more) only two exhibitors didn’t have the term AI or Agent in there pitch or stand marketing..

And for reference, the two companies that stood out for non-AI capabilities made monitor stands.

This got me dwelling back into the post title, is this influx of AI tools going to be sustainable, or is there going to be an impending crash leaving only the ‘best and brightest’ on the other side?

Comments (6)

DanielHB · 23m ago
I was too young at the time, but people who were there at internet companies in the 2000s what was it like? Did people think the same way as today where there is too money going in and not enough value coming out? Was it obvious to insiders only or to the general public as well?

These days it seems even a significant porting of the general public is aware of the overhype. But back then internet wasn't much of a thing so information didn't spread as fast so I imagine a lot of people didn't even know there was a huge hype around the internet.

api · 13m ago
It was largely the same. A ton of Internet companies struggled to find a way to make money after the initial land grab, and most failed. The hype was breathless and over the top.

A lot of late 90s to early 2000s hype has come true. Today we have substantial companies with no physical office and that have never used physical mail, delivery for everything, and ubiquitous connectivity for devices. It just took about 15-20 more years to get there.

I suspect we will have AI replacing programmers on non-trivial and non-slop projects in 15-20 years.

The social optimism of the late 90s and 2000s about the Internet was mostly wrong though. We didn’t really anticipate either surveillance capitalism or mass disinformation breaking whole segments of the population off from reality. Like most well intentioned people we had trouble even imagining the uses that “dark triad” personality types would have for the technology.

The pessimism around AI is, I think, an overcorrection from the excessive optimism around the net and the web.

kbrkbr · 27m ago
I find LLMs incredibly useful for some very specific cases: summarizing text for example. Even dialogues to learn something.

Now there are n use cases (10 <= n <= 50?). There is no real moat.

What we don't know is, if there will be significant advances, and how useful they will be. But we also don't know that for any other area.

What we do know however is that breakthroughs are rare.

Everybody is now in the hype train. AI here, AI there. I find most of it just annoying.

My guess is this that a reckoning is more probable than the new super feature.

mtlmtlmtlmtl · 2h ago
Yes.
theandrewbailey · 1h ago
Maybe someone should make AI-infused monitor stands.

/s maybe

Tony_Delco · 1h ago
With AI, the question isn’t if there’s going to be a bubble… it’s which startups will still be alive when it bursts. Good luck with that.