AI stocks now 45% of the market, topping dot-com peak's 30%

krishnan · x · 2026-08-20

Comparing historical data, the author notes that at the dot-com peak, internet companies made up roughly 30% of the market, while AI-related stocks now account for 45%. He argues AI will disrupt society by orders of magnitude more than the internet did, but warns the economic bubble is just as real — technological disruption and valuation bubbles are not mutually exclusive.

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