➀ The article parallels the semiconductor industry's speculative boom 64 years ago with today's AI industry, where unproven companies and financial operators drive stock surges before tangible product outputs;

➀ Sidney Siegel's 1961 critique highlights immature management and financial exploitation, mirroring current concerns about the fusion of tech and finance;

➂ The historical analogy warns of recurring risks in emerging technology sectors fueled by investor hype rather than operational substance.

➀ The article explores the potential impact of an AI bubble burst on individuals, even if they haven't directly invested in AI companies;

➀ Shadow banking systems, which lend to AI firms at high interest rates, may transfer risks to regulated banks through securitization and insurance, potentially burdening taxpayers;

➂ The financial sector could profit from speculative cycles while governments and taxpayers absorb losses, mirroring past financial crises.