GoKawiilHistorians draw parallels between AI investment boom and past speculative bubbles
An analysis compares today's AI investment surge to earlier historical booms, such as the early 1900s period of industrial optimism following the financial panics of 1873 and 1893. It argues that rapid technological expansion, whether driven by electricity, internal combustion, or now AI, tends to attract opportunists whose excesses eventually spread systemic risk throughout the broader market.