Ponzi schemes and financial bubbles: Lessons from history

Many investors are asking themselves if we are living in an AI bubble; others have gone beyond that and are simply asking themselves, until when? Yet the bubble keeps growing, fueled by that perilous sentiment of "fear of missing out." History and recent experience show us that financial bubbles are often created by investor overenthusiasm with new "world-changing" technologies and when they burst, they reveal surreal fraud schemes that develop under the cover of the bubble.