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Mmastodon BusinessFinance first seen 5 h ago, last 1 h ago, peak #2

'Big Short' Investor Predicts AI Bubble Burst 'Sooner Than Later'

Original: 'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later' https://gizmodo.com/big-short-investor-expects-ai-bubbl

Michael Burry, the investor famous for betting against the housing market before the 2008 crash, says the AI bubble is set to burst 'sooner than later'. His warning adds to growing investor anxiety that valuations of AI-linked companies have run far ahead of real earnings, reviving comparisons with the dot-com crash.

Why now: Fears about overheated AI stock valuations are intensifying, and a famous crash-caller warning of a burst draws wide attention.

Michael BurryAI industry

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