The AI boom is predicted to outdo the dot-com crash in scale, says Erik Gordon, with AI startups like CoreWeave posing a higher risk for investor losses. CoreWeave’s stock plummeted 33%, wiping $24 billion from its market cap, indicating a potential painful burst of the AI bubble. Pets.com’s $410 million market value loss is tiny compared to potential AI losses. CoreWeave’s losses are nearly 60 times Pets.com’s peak market cap. The collapse of the dot-com bubble saw significant market drops and startup bankruptcies. Tech giants’ market dominance is crucial for retirement portfolios and pension funds. Erik Gordon believes more people are invested in AI now than in dot-com companies, predicting economic repercussions post-AI bubble burst. Kevin O’Leary argues the AI boom differs from the dot-com bubble due to measurable productivity.

Read more at Yahoo Finance: Tech guru Erik Gordon says investors will ‘suffer’ far more from the AI boom than the dot-com crash