‘Big Short’ investor Michael Burry warns of similarities between AI boom and dot-com bubble

Fuente: New York Post

Famed investor Michael Burry is warning that the current rush to pour billions of dollars into artificial intelligence bears eerie similarities to the dot-com bubble of the early 2000s. “History is not a perfect guide, but I see so many indicators both technical and fundamental lining up for the same conclusion,” Burry wrote on his subscriber-only “Cassandra Unchained” Substack page, according to Business Insider. He added, “1999 went where no market had gone before, and I would say so can this one.