John Chambers, who led Cisco through the dot-com bubble's peak and crash, identifies significant parallels between the 1990s internet boom and the current AI market. The Buffett Indicator—the ratio of stock market capitalization to GDP—has reached 232%, surpassing the levels seen in 1999. Chambers notes that both eras are defined by a singular technological force driving rapid growth, often limited by supply chain constraints. Now investing through JC2 Ventures, Chambers continues to monitor these trends as AI reshapes the market landscape. Read the full story at Fortune (subscription).
Source · Fortune
