Business Insider
Business Insider
US · 5 mins ago

'Big Short' Michael Burry says the bulletproof AI narrative reminds him of the dot-com and housing bubbles

Michael Burry from "The Big Short" has some concerns. Bloomberg/Getty Images The AI boom is echoing the Internet and housing bubbles, Michael Burry says. He recalled the same kind of unshakable optimism before the dot-com crash and financial crisis. Burry said the AI boom poses a far greater threat to investors and the economy than Enron did. Michael Burry says the seemingly unassailable positivity around AI reminds him of the dot-com and housing bubbles — and warns the mania could have far…
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