The Eerie Parallels Between AI Mania and the Dot-Com Bubble

Is it karma? Coincidence? Either way, the ghost of the dot-com bubble is back 25 years later. 

Shares in Cisco Systems CSCO -1.85%decrease; red down pointing triangle, the dot-com-era champion that became the world’s most valuable company at its peak in March 2000, this week reached that level again for the first time. It’s a cautionary tale of how far stock prices can depart from reality.