George Noble: AI boom seen repeating dot-com era's mistakes as CoreWeave faces similar risk

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George Noble: AI boom seen repeating dot-com era's mistakes as CoreWeave faces similar risk — CoreWeave risk likened to dot-com era

George Noble described the artificial intelligence boom as repeating errors from the dot-com era, pointing specifically to similarities between CoreWeave today and Exodus Communications, which went bankrupt in 2001 when its customers ran out of money.

He credited Roger with aligning the two companies for comparison and noted that many people have forgotten the outcome of Exodus Communications.

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Noble has previously called for major repercussions for Ellison and ORCL investors, arguing that stricter accountability benefits financial markets, as reported in an earlier article. Separately, he noted a projection that the 10-year Treasury yield could reach 10% by 2032, challenging consensus views in a recent piece. These comments add to his ongoing scrutiny of financial market risks and investor actions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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