By
Theron Mohamed
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Michael Burry from "The Big Short" has some concerns.
'Big Short' Michael Burry says unshakable AI positivity reminds him of dot-com, housing bubbles
Michael Burry of "The Big Short" fame said the relentless positivity around AI reminds him of the market mood before the dot-com and housing crashes.
TL;DRAI
Burry diagnoses AI bubble via off-balance-sheet structures and circular financing inflating Big Tech's capex—Enron-style tactics, not genuine demand. For tech decision-makers, inflated vendor ROI claims mask maintenance capex that will crater budget returns; the correction arrives ~2028 with cascading defaults.
871 words~4 min read
