The way I've seen the dot-com bubble portrayed as bigger is:
It was more likely that someone would throw money at your idea back then if it ended with ".com" than it is for someone to fund your idea today that ends with "using AI".
I don't know why. Maybe it's interest rates. Maybe it is because the AI hype is so recently after the cryptocurrency hype. It was quite easy to make people dump their money into a cryptocurrency, and the crypto winners are still actively fishing for bigger fools while the AI hype is going on.
It was more likely that someone would throw money at your idea back then if it ended with ".com" than it is for someone to fund your idea today that ends with "using AI".
I don't know why. Maybe it's interest rates. Maybe it is because the AI hype is so recently after the cryptocurrency hype. It was quite easy to make people dump their money into a cryptocurrency, and the crypto winners are still actively fishing for bigger fools while the AI hype is going on.