The Tao of Markets: The Eternal Wave of Boom and Bus

(From Railways to AI — Why Every Breakthrough Breeds a Bubble)

Every age believes its innovation will end the old cycles — until the wheel turns again.

In 1840 it was the railways and telegraph; in 1929, the automobile, radio, and electricity; in 2000, the Internet and dot-com revolution; and today, it is Artificial Intelligence. Each breakthrough reshaped the world — yet each also ignited a speculative fever that ended in collapse.

In 1929, stock prices soared 90% in a single year. Ordinary citizens borrowed heavily to invest, believing a new technological era meant prosperity forever. When the illusion broke, the Great Depression began. In 2000, investors again believed the Internet had rewritten economic laws — valuations exploded, profits vanished, and the Nasdaq lost nearly 80%.

Now in the 2020s, the pattern repeats. Artificial Intelligence — the new “electricity” of our century — has driven markets to record highs. Money flows endlessly into AI data centers, chipmakers, and startups, echoing the exuberance of the Roaring Twenties. But beneath the optimism lies the same imbalance: speculation rising faster than real productivity, and regulators once again loosening their grip.

The Tao of Quantum Finance teaches that markets breathe like the cosmos — through the rhythm of Yin and Yang.
When Yang (growth, optimism, greed) reaches its peak, Yin (decline, correction, fear) is born within it. Every bubble carries the seed of its own bust. The greater the light of innovation, the darker the shadow of excess that follows.

From railways to AI, the law is constant: innovation sparks creation — speculation distorts it — and the Tao restores balance. The wise investor learns not to fight the wave but to ride it with awareness, patience, and humility.

History doesn’t repeat — it oscillates.
And the market, like the Tao, forever seeks equilibrium.