A ghost in an AI costumeFor twenty years, every comparison to the dot-com bubble has ultimately failed. Yet the latest charts are becoming harder to ignore. Valuations are at their richest levels since 2000, tech's dominance is at a record, and AI now appears responsible for most of the market's wealth creation. Is this the next great productivity boom—or simply the ghost of 2000 wearing an AI costume?Highest since 2000
The Ghost Of 2000 Just Called — It Wants Its Bubble Back
Tech concentration is higher than the dot-com peak, momentum is approaching bubble-era extremes, and Goldman says that perhaps much more than 70% of recent wealth creation has come from AI. What could possibly go wrong?









