NYU Stern professor Aswath Damodaran, known as "Dean of Valuation", said the dot-com boom and bust era (roughly 1995–2002) had seen no huge capital expenditure. "The amount of money…put into AI…is immense, which means that when the correction comes, the pain will be more intense," he said. "AI capital expenditure boom is...not only...immense, but...[much of it is debt-funded]," he added.