Y2K veteran compares AI hype to the dot-com era: seeing zero benefits

frostonwindowpane · reddit · 2026-08-29

A software industry veteran compares the current AI hype to the Y2K era, noting similarities in the rush to adopt technology. The author argues that while businesses are forced to have an AI strategy, they see little benefit. Customer-facing systems are reportedly worse, with AI agents stuck in unhelpful loops. The post questions the value of billions in investment beyond cost-cutting.

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