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https://freedium.cfd/https://wlockett.medium.com/ai-just-had-its-actual-big-short-moment-5d841d751c28>
“In a previous article, I pointed out the stark similarity between the AI
bubble and the subprime mortgage crisis of 2007/2008. It isn't just that a
bubble exists, but that it is being powered by what is arguably more than $1.2
trillion in mis-sold debt. I even called this revelation the AI bubble's "Big
Short" moment. Well, the actual "Big Short" guy, Michael Burry himself, has
just revealed he is heavily shorting the very core of the AI bubble. This isn't
just vindication of my analysis; it has spurred others to do the same and
strongly suggests a crash is imminent. In fact, this could be the very thing to
pop the bubble. Let me explain.
Let's start with the obvious: why is the AI industry in a bubble?”
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
