Parakhin: 1999 book dismissing $75M Google holds eerie parallels to the AI boom
MParakhin · x · 2026-09-15
Mikhail Parakhin reread Michael Lewis's The New New Thing and found eerie parallels to today's AI revolution: in 1999, with companies called Google going for $75 million, Jim Clark saw little point in 'selling air' since everyone else already was — and Lewis badly mislabeled Google at the time. His takeaway: predictions are hard, and the industry's AI judgments may be just as fallible.
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