04/11/2025
Michael Burry — the man who predicted the 2008 housing crash — is sounding the alarm again!
This time, his warning targets the AI boom that’s taken Wall Street by storm.
Burry says the hype around artificial intelligence is starting to look a lot like the dot-com bubble of the early 2000s.
His firm, Scion Asset Management, recently placed over $1 billion in bearish bets against AI giants like Nvidia and Palantir — two of the biggest winners in the current frenzy.
Soon after, Burry dropped cryptic posts on X comparing today’s AI race to the telecom collapse of 2000 — when billions in fiber cables were left unused underground.
He even shared charts showing tech spending soaring to levels not seen since 1999, even as cloud growth from Amazon, Alphabet, and Microsoft slows.
According to Burry, what we’re seeing now is an “AI money machine” — Big Tech firms funding each other in a loop, with hype fueling investment more than actual demand.
“When optimism peaks, bubbles are already forming,” Burry warned.
Could this be another bubble waiting to burst?
“Michael Burry just dropped a MAJOR AI warning — and history might be repeating itself ”
“Remember 2008? The man who saw it coming says the AI boom looks just like 1999 ”
“If Michael Burry is betting against AI, maybe it’s time to pay attention…”
“$1 BILLION bet against AI stocks — Burry says the hype train is running out of track”
“The Big Short investor calls AI a bubble — and Wall Street should be worried.”
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