Artificial-intelligence stocks have taken off this year, and the comparison seemingly every expert wants to make is to the late 1990s dot-com bubble. Those high-growth, no-dividend new companies got additional jet fuel from the Taxpayer Relief Act of 1997, which had dividends taxed at the same rates as regular income, creating a powerful incentive for investors to favor low/no-payout stocks over those with significant dividends but bigger tax bills. revolution as a springboard for their portfolio, they should pay a visit to the graveyard of those early computer companies, and think about just how hard it was to identify not just which companies but which technologies would win out