Part 2/11:
In interviews and discussions, Zuckerberg acknowledged the concerns about a potential bubble fueled by excessive investment. He pointed to historical parallels—such as the expansion of railroads, fiber optic internet, and the dot-com bubble—where rapid infrastructure growth was often driven by overoptimism. Yet, these investments ultimately laid the groundwork for catalysts of long-term value, and in many cases, the infrastructure built out during these periods ended up being even more valuable than initial expectations.