Odd Lots Henry Blodget on AI, Dot-Coms, and What's Changed In 25 Years
254 snips
May 5, 2025 
Henry Blodget, founder of Business Insider and a former tech analyst, dives into the similarities between the current AI boom and the late '90s dot-com bubble. He examines the implications of this market behavior and the extraordinary valuations of AI companies. Blodget reflects on the evolution of Wall Street, sharing insights on past regulations and challenges faced by modern investors. He also discusses storytelling in leadership with examples like Elon Musk, plus the media's transformation in a tech-driven world.
AI Snips
Chapters
Transcript
Episode notes
AI Boom Echoes Dot-Com Era
- AI's current boom mirrors the late 1990s internet surge with rapid growth and heavy investment.
- Unlike the 90s, much AI financing now occurs privately, making valuations less transparent.
Power of Storytelling in Tech
- Storytelling is key in tech, seen in Elon Musk's ability to rally excitement despite business challenges.
- Great storytellers inspire investors and employees by painting compelling futures, not just reporting facts.
Bubble Patterns and Leverage
- Market bubbles commonly show repeated 20-30% pullbacks with claims it's over, before new highs arise.
- The dot-com bust was fueled by public market appetite converting IPO capital into rapid spending, inflating revenues.