Tony Bark@pawb.social to

Technology@lemmy.worldEnglish · 1 year ago

The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

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The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

Tony Bark@pawb.social to

Technology@lemmy.worldEnglish · 1 year ago

Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.

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1 year ago
Seriously the stock market can remain irrational longer than you can stay solvent.

People are idiots.

Is there a consensus there’s an AI bubble? Sure?

Can anyone predict what will happen? LOfuckingL

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