AI Future May Be Written in Railroads’ Past - Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Kavish They had booms, bubbles, busts and buccaneers, too. Photographer: Andrew Joseph Russell/MPI/Getty Images) Translate Listen 7:09 The historian A.J.P. Taylor once quipped that the only thing people learn from the mistakes of the past is how to make new mistakes. But there are nevertheless many lessons to be learned if you look in the right places. Consider the extraordinary parallels between today’s AI boom and the 19th-century railway boom, parallels that are pregnant with both warnings and lessons. The similarities between the railway and digital revolutions have always been striking. The railway revolution shrank physical space. The digital revolution opened and then organized cyber space. The railway revolution tran

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Kavish They had booms, bubbles, busts and buccaneers, too. Photographer: Andrew Joseph Russell/MPI/Getty Images) Translate Listen 7:09 The historian A.J.P. Taylor once quipped that the only thing people learn from the mistakes of the past is how to make new mistakes. But there are nevertheless many lessons to be learned if you look i