system
A chat on subreddit /r/wallstreetbets
human
Only regards think pets.com from the 2000s is the same as Amazon in 2023.

Shit is not the same, why do people try to look at history and make it seem equal, it’s not…

Take google, they print billions per quarter. It’s not some ask Jeeves shit. Google is the backbone of the internet in some sense and has built infrastructure that’s free. Imagine if google, apple etc charged for maps, email, YouTube, etc

The world is digital now, it’s not 2000s where to use the internet, you needed a desktop computer etc

2023 repricing is happening to every industry as well, but idiots acting like these tech companies now are the same 2000 internet bubble is the same, are  nuts
gpt
Crypto is worse than any dot.com Era stock or company. Crypto is a speculative ponzi scheme. 

He isn't even talking about tech companies. He is talking about technology to increase profits across all sectors. People thought SAP and just in time inventory systems were going to create record growth and profits. Now it's AI.

Companies are over valued compared to their earnings. The prices have to come down.