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Tim S

(296 posts)
1. I'm glad I retired last fall from a 40 yr career in IT.
Thu May 14, 2026, 05:17 PM
18 hrs ago

I worked in Silicon Valley during the DotCom era and was a victim of layoffs when that bubble burst. This “AI will better everything” thinking with investors mirrors the “Internet-based companies will all make money” thinking of the venture capitalists in the DotCom times. I remember the difficulty in booking a moving van in the Bay Area in the Spring of 2001 because everyone laid off could no longer afford to live there.

It seems like history will be repeating itself again.

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