Investment giant Apollo’s chief economist Torsten Slok has warned that the AI Bubble of Wall Street is worse than the 1999 Dot-Com Bubble Burst. With a chart he showed how the tech giants like Nvidia, Microsoft and others are overvalued today as compared to the dawn of the millennium. Per the economist the stock market’s expectations are more unrealistic than it was back, with the PE (price-to-earning) ratios surging past the peak of the dot-com-bubble.
With tech giants laying off thousands, while investing billions in AI development, hiring top AI talents for millions, the market already seems overhyped.
The AI bubble today is now bigger than the dot-com bubble, per Apollo. pic.twitter.com/YLaCcaJI3p— Brew Markets (@brewmarkets) July 16, 2025
Is today’s AI boom bigger than the dotcom bubble? Read the @ReutersOI column by @ReutersJamie https://t.co/ANmdFdOPio pic.twitter.com/HDyiy3fpdi— Reuters (@Reuters) July 23, 2025
Is today’s AI boom bigger than the dotcom bubble? https://t.co/7xTkGdmLi7 https://t.co/7xTkGdmLi7— Reuters (@Reuters) July 23, 2025
Reactions poured in with netizens taking a jibe at all the hype, while a few making fun of the graphic. One user quipped, “Seriously it’s SCARY . . Students in higher class cannot solve basic algebra questions without help, education has been corrupted by AI.” Another user wrote,“May the bubble be sweet, and the pop loud, and the gum not be stashed under out societal chairs to be hacked off later when it dries.”
A third user remarked, “Bubble schmubble—AI is revolutionizing warehouse bots right now. Why’s no one talking about container-unloading robots? The Knicks’ odds are shakier than this ‘AI bubble’ panic.”
Yet another user wrote, “Please let it be the fall of Big tech. I want to see Microsoft, Meta, and others GONE.”
One user remarked, “A trillion dollars invested in a magic trick with little value who knew.” “Don’t think we can compare the dot com bubble to the ai bubble. Ai is responsible for increasing efficiency, every human now has a PHD. The dot com bubble was a froffy casino of speculation. I do think markets are getting over heated but can’t compare these,” noted another.
Seriously it’s SCARY . . Students in higher class cannot solve basic algebra questions without help, education has been corrupted by AI— Ishwar Sharma (@ishwarsha27) July 21, 2025
May the bubble be sweet, and the pop loud, and the gum not be stashed under out societal chairs to be hacked off later when it dries.— Byrne Power (@anadromist) July 21, 2025
Bubble schmubble—AI is revolutionizing warehouse bots right now. Why’s no one talking about container-unloading robots? Knicks’ odds are shakier than this ‘AI bubble’ panic.— Tommy AutoTech (@TomAuto_) July 21, 2025
Please let it be the fall of Big tech. I want to see Microsoft, Meta, and others GONE — Eris (@Eris1294) July 22, 2025
A trillion dollars invested in a magic trick with little value who knew— ok (@AnnoyedDude123) July 21, 2025
I don’t think we can compare the dot com bubble to the ai bubble
Ai is responsible for increasing efficiency, every human now has a PHD
The dot com bubble was a froffy casino of speculation
I do think markets are getting over heated but can’t compare these pic.twitter.com/2TwvXVolsd— SmartMoneyCrypto (@SmartMoneyCrpto) July 21, 2025
See Also: ‘We Will Need Fewer People…’ Amazon CEO Andy Jassy Warns Employees To Adapt With AI Or Face The Axe
Cover: Pexels
Great Job James Paul & the Team @ Mashable India tech Source link for sharing this story.
