{"id":557738,"date":"2026-07-24T17:26:08","date_gmt":"2026-07-24T17:26:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/557738\/"},"modified":"2026-07-24T17:26:08","modified_gmt":"2026-07-24T17:26:08","slug":"ai-bubbles-and-englands-railway-boom-francis-kim-draws-comparisons","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/557738\/","title":{"rendered":"AI bubbles and England&#8217;s railway boom? Francis Kim draws comparisons"},"content":{"rendered":"<p>\n\t\t\t\t\t\t\t\t\tSungjae \u201cFrancis\u201d Kim, Department of Business and Accounting.\n\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\tTina T. Underwood\n\t\t\t\t\t<\/p>\n<p>Associate Professor of Finance Francis Kim is a regular contributor to <a href=\"https:\/\/www.koreajoongangdaily.com\/opinion\/innovation-and-bubbles-have-traveled-together-for-200-years\/12786101\" rel=\"nofollow noopener\" target=\"_blank\">Korea JoongAng Daily<\/a>. In his latest column, he compares the AI bubble to England\u2019s railway industry in the early to mid-1800s and suggests Britain\u2019s railway boom offers important lessons for Korea\u2019s capital markets.<\/p>\n<p>\u201cOver the past year, explosive investment in AI data centers and related infrastructure has driven semiconductor stocks sharply higher,\u201d Kim writes. \u201cEven previously uninterested investors have borrowed heavily to join the rush. The government\u2019s recently announced three mega-projects could see semiconductor complexes and AI facilities requiring investments exceeding half of GDP. Without careful scrutiny, excessive spending could inflate unrealistic expectations and encourage speculation. Railways transformed the world, but not everyone who bought railway stocks became rich. The AI revolution is unlikely to be any different.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Sungjae \u201cFrancis\u201d Kim, Department of Business and Accounting. Tina T. Underwood Associate Professor of Finance Francis Kim is&hellip;\n","protected":false},"author":2,"featured_media":557739,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,46],"class_list":["post-557738","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/557738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=557738"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/557738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/557739"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=557738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=557738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=557738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}