A couple of others I can think of:

  • Crypto-boom of 2016ish: GPUs/mining rigs
  • LLM/AI hype nowish: User generated data
  • 90’s dotcom bubble: Server space
  • kozy138
    32·
    2 months ago

    Gold Rush = high demand = invest in (aka buy) shovels

    Same thing, no?

    • Cryophilia@lemmy.world
      31·
      2 months ago

      No.

      Gold rush = a bunch of fools getting hyped up on the latest thing thinking they’ll get rich, but almost none of them will.

      Selling shovels = not chasing the latest hype, but making money off the fools who chase the latest hype.

      I’m not offering an opinion or interpretation of the phrase btw, that’s the actual definition.