Post

I’m over 40, and I was there, working in dotcom startups through the boom and the crash. The pattern described here matches what I saw then: huge hype, sensible-sounding scepticism, and real gains that took years to evenutally show up, often in places nobody was looking. 1/3

linkedin.comApollo says AI hasn't paid off outside tech. That's because it's 1997.For the last month or two an argument I’ve found myself making over and over to explain the shape of the AI and tech landscape generally has been “it’s 1997”. This explanation works great with tech ve...

Rob Bowley

@robbowley.net

Economists are now talking about the “productivity paradox” again with AI, the same phrase used about computers in the late 80s and 90s. 2/3

Rob Bowley

@robbowley.net

As Laurie points out, McKinsey’s 2001 study of the late 90s productivity jump found the companies that benefited weren’t the ones who spent most on technology. They were the ones who changed how they operated. I expect the same now. 3/3

26/10/26, 12:08 pm0 reposts3 likes

No replies yet.