How did the 2001 dotCom bubble burst lead to the 2008 housing crisis and how did it impact the technology markets?
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SHOW NOTES:
- Telecom companies crash after 2001
- History of Google Ads
- The Fiber Optics market crashed
- Massive competition to be the “hosting service provider”
A BRIEF SUMMARY OF THE OPEN AI COUP ATTEMPT
- Sam Altman (CEO) got fired, then returned
HOW DID DOTCOM BUBBLE LEAD TO HOUSING CRASH AND CLOUD?
- Google made Internet advertising available to every business
- SaaS companies emerge, to replace core business functions
- The “sharing economy” took off (music, pictures, blogs, etc.)
- Shadow IT caused problems for Corporate IT
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