Michael Burry Warns AI Boom Echoes Dot-Com Bubble
"Big Short" investor Michael Burry has issued a warning that the current artificial intelligence boom bears a strong resemblance to the dot-com bubble. Concurrently, Burry has been increasing his investments in several beaten-down stocks.
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Michael Burry adds to beaten-down stocks while warning of echoes of dot-com bubble
The latest moves come as Burry has grown increasingly vocal about what he sees as speculative excesses tied to artificial intelligence.
Read full article →'Big Short' investor Michael Burry says the AI boom is a dead ringer for the dot-com bubble
Michael Burry of "The Big Short" fame is deeply skeptical of the AI boom. Astrid Stawiarz/Getty Images The AI boom bears a striking resemblance to the dot-com bubble, Michael Burry says. The "Big Short" investor ticked off his concerns in a Substack post and chat thread. "It is just an asset bubble, plain and simple," Burry wrote. Michael Burry says the AI boom is a dead ringer for the dot-com bubble. The investor of "The Big Short" dissected the two periods in a Substack post and discussio...
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