From dot-com to dot-AI: How we can learn from the last tech transformation (and avoid making the same mistakes)

At the height of the dot-com boom, adding “.com” to a company’s name was enough to send its stock price soaring — even if the business had no real customers, revenue or path to profitability. Today, history is repeating itself. Swap “.com” for “AI,” and the story sounds eerily familiar.

Companies are racing to sprinkle “AI” into their…