Y2K veteran: AI hype feels like Y2K, billions invested with zero visible benefit
Nek_12 · reddit · 2026-08-29
A software industry veteran who lived through Y2K draws a parallel to today's AI boom: back then, everyone had to be "Y2K compliant," which was a great time to sell but turned out to be a nothing burger. He sees the same pattern — every corner of business now must have an AI strategy, yet he observes zero benefit and customer-facing systems that are worse than ever, with AI agents stuck in loops of nonsensical advice. Beyond headcount offloading, he asks, what justifies the billions invested?
Related event: Y2K Veteran Questions AI Bubble Returns(2 posts)→
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