On: Learning to Love the AI Bubble

[epr]

> Some economists argued the dot com bubble was a net positive for the economy.

I am no economist, but virtually any economist I have read would respond to that statement with:

Compared to what?

[tim333 → epr]

I guess it would be compared to normal levels of investment and valuations of dot com businesses. Though I'll give you it's a little vague. I read something a while back but can't find it.