return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 1 month ago'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'gizmodo.comexternal-linkmessage-square207linkfedilinkarrow-up1551arrow-down110
arrow-up1541arrow-down1external-link'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'gizmodo.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 1 month agomessage-square207linkfedilink
minus-squareNotAnOtter@lemmus.orglinkfedilinkEnglisharrow-up30·1 month agoHe’s been saying this for 4 years
minus-squareDestide@feddit.uklinkfedilinkEnglisharrow-up22arrow-down1·1 month agoBut he’ll be right everyday after it happens
minus-squareDon_alForno@feddit.orglinkfedilinkEnglisharrow-up6arrow-down2·1 month agoAnd it’s somehow a surprise to you that the worlds richest corporations collectively can keep up an investment bubble for four years? They’ll not be able to do it indefinitely, and profitability of any LLM business is not on the horizon so far.
minus-squareNotAnOtter@lemmus.orglinkfedilinkEnglisharrow-up6·1 month agoI’m saying Burry’s opinion on the timing is irrelevant. He calls a crash basically every quarter since the '08 crash recovered. If you shorted every time he suggested something was going to burst “sooner than later”, you would already be bankrupt.
He’s been saying this for 4 years
But he’ll be right everyday after it happens
And it’s somehow a surprise to you that the worlds richest corporations collectively can keep up an investment bubble for four years?
They’ll not be able to do it indefinitely, and profitability of any LLM business is not on the horizon so far.
I’m saying Burry’s opinion on the timing is irrelevant.
He calls a crash basically every quarter since the '08 crash recovered. If you shorted every time he suggested something was going to burst “sooner than later”, you would already be bankrupt.