Analysis It's 1996 in terms of the business introduction of AI if it were put on the dotcom era timeline, according to MongoDB CEO Dev Ittycheria.
MongoDB on data center evolution, the AI boom and cloud spending trends
Speaking to investors at a Goldman Sachs event earlier this week, the head of database company NoSQL argued that the tech industry was still early in the rise of AI, a development that – we've all heard – will transform business and enterprise technology.
"I think AI is not a matter of if, but when. I see the world we're in today [compared to] about 1996, maybe 1997. Netscape had just launched a couple of years earlier. People were excited about the web, but the web was still very basic, static web pages, and it wasn't that interesting. People [were] starting businesses on the Internet, maybe Amazon, eBay and a few others. You didn't see a flurry of businesses exploding in the market," he said.
"I think we're kind of at the same stage with the AI era," Ittycheria said.
