NY Post column warns AI bubble will burst like the dot-com crash
nordicinst · x · 2026-10-18
A New York Post column by Charles Gasparino argues the AI bubble is about to burst, triggering a major market correction, drawing a direct parallel to the 2000 dot-com crash.
Key points:
- The internet era was also framed as a "new paradigm," with emotion rather than metrics driving valuations of mostly unprofitable companies
- Retail investors armed with discount brokerages flooded in, drowning out the few Cassandras
- The author contends AI stocks are replaying the same script, noting the real crash followed the Y2K false alarm
Opinion piece; no new data disclosed.
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