Remember when Nanotech was the next big thing?

Tell me if any of this familiar sounds.

At the beginning of 2000, after the DotCom Bubble shots, a new technology was set to change the tanning sources and the mankind line uttering blebties blothed in Tech. “This field provides a brief bigger and most important century. It has to cause true economic changes,” he said John Wolff of the capital of the luxury firm VC.

Technology, VC money and businesses said, change the way you all live and worked. Would be elevated the humanity. The presidents came to the Tree Hepe and created agency and initials in order to dain the technology and steward. Conferences shook throughout the planet named after technology, targeted to the hoof and discuss the ethics around.

This was people who talk about nanotechnology. “To DFJ, we can crumble the next moore phone phase, and the nexus of innovation that revisitely affects the society. The hoards are looking back to the next one more port less than the industrial revival “, Steve Jurveton, then the JUrteter DRAPER ROGER ROGER RETURN he said half of 2000. I am

It seems very much as people talk about you right now.

I’ve been thinking of the Nanececnology Yesterday as the stock following the revelation that a company ai in China had developed a competition to the chat fraction of the cost. I am The week is not over but nviidia – which manufacturing the GPUSGE Critical to the development of A-lost systems 600 billion of $ 600 in value. I am Here’s the lonely loss of the story in the market history.

In the 90s, as the internet exits as a main market strength, wall road runs to the action. Each company with “dot com” or “and” in their name will receive millions of investment dollars. Pets.com Mania has taken the nation. His mascot, manifestious apparently out of nothing, it was part of the macy’s day’s palace. It was all from 2000. People have realized that many sites sites that have not made money, or a lot of something, and Pets.com lost their investors.

But all that CAP capital and hype had to go somewhere. For a while, enter nanotechlology. The scientists were broke to do things with very small material for decades, but no one has paid very attention. After the Dot-Com Crash, Nanotectology has become a buzz parone and millions of dollars in.

“Nano” has become a blind word like “Dot-com” before, as “Ai” would be in the future. Researchers were happy as the money flows in. I am Prompted investors that nanetecnology uses in a new water golden age. Naysayers sound the robot alarm of self-replace you eat all biomaters in the planet and Render in gray throat. I am Michael Crichton, Jurassic Park Author, too wrote a book on this. I am

President Bill Clinton gave a Discourse about nanececnology at caltech in 2000. establish the Nanotechnology initiative, a Environmental 20 years intended for the shepherd. The President George W. Bush Signed Invalid search and development of the nanotechology in 2003. He gave more federal money for research in technology.

The “Promise” Revolution has not expressed and Vec hype died. The added market. Nakotecnology I didn’t go anywhere. I am Advances in doing things with very small molecules spend all the time and wildly improved our lives. Nanotechnology is used today semicorned manufacture, Food productionand it MediaDicina. I am What is different is the level of vc hype.

Artificial intelligence is in a similar space that nanotechnology was at first the early 2000, but numbers are far different. There are tens of thousands of startups ai as compared with 1,200 nanootech. Nanotech received billion in vc funding, you received hundreds of billion. Nanotechnology was popular and changed the world but has not changed the economy around a ailing Nuclear energy market. I am

What happens to the stock bag this week is odd. I won’t call a bubble but it’s a vibe change. The Chinese Company Upstart detracted the most popular chatbot in the top of the Apple App Store. In a normal market that you should not send hardware company actions responsible for training to the tumbling care. It’s a sign that, like nanececnology in front, you promise the moon.

But, again as nanotechnologh Before, I’ll be thinking of you is here to stay. Both were not new when they understood the market. You create very terrible slop but can also be used for good. We use SpellCheck every day without thinking about it as a meal system. But the original orrtcheck is a product of the intelligence of artificial intelligence of Stanford. Went out in 1971.

What we have to do is attention to fake prophets. It is not difficult to do. I am not very creative and by nanececnology to ai, they use a lot about the same language. Consider return to Jurvetson’s squeeze that I quoted the beginning of this article and take a look at the cEO’s seman’s handwriting.

Altman once wrote a long blog that has called “Law Moore for everything“The banner on top was a sea of ​​dollar bills. As the one, he said that aiith you are working in a new phase of the moore law. As Jurdeston in front of him, she has promised that ai makes a new new change in the steaming. As Jurveston in front of him, he is trying to sell something a dream, not really. It is just a app that wants you to pay you d ‘Use. And hell, China give them for free.