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117 points LordAtlas | 1 comments | | HN request time: 0s | source
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philipwhiuk ◴[] No.46185856[source]
> The first web cycle burned through dot-com exuberance and left behind Google, Amazon, eBay, and PayPal: the hardy survivors of Web 1.0. The next cycle, driven by social and mobile, burned again in 2008–2009, clearing the underbrush for Facebook, Airbnb, Uber, and the offspring of Y Combinator. Both fires followed the same pattern: excessive growth, sudden correction, then renaissance.

I note your AI missed the crypto hypecycle. Maybe because it really was a bubble.

replies(1): >>46186635 #
1. tim333 ◴[] No.46186635[source]
Crypto is more a casino thing on the side that doesn't effect the real economy much.