<p>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; </p><p>➀ Sidney Siegel's 1961 critique highlights immature management and financial exploitation, mirroring current concerns about the fusion of tech and finance; </p><p>➂ The historical analogy warns of recurring risks in emerging technology sectors fueled by investor hype rather than operational substance.</p>