A veteran tech investor says 'doom and gloom' over the AI boom is overblown, even though it has shades of the dot-com bubble

Paul Wick, CIO of Seligman Investments, compares the current AI boom to the dot-com bubble but argues that fears of a crash and widespread job losses are exaggerated. He highlights the significant infrastructure investments and startup growth during the dot-com era as a parallel to today's AI surge.