You're completely forgetting "all your jobs are going to get outsourced to India". There was panic that internet connectivity would make local talent obsolete.

Microsoft was in full swing with trying to strangle the computing space. "Embrace, extend, extinguish" was a term coined from that era. Ballmer called Linux "a cancer". [0]

People were in a panic about Napster and how the internet would steal billions of dollars.

It does seem like people are much more against AI now than the dot-com boom then, but it's all looks and sounds very familiar to me.

[0] https://www.theregister.com/2001/06/02/ballmer_linux_is_a_ca...