One of the most-popular investor in America Michael Burry ’warns' Google and Microsoft: You are wasting trillions of dollars on ...
Renowned investor Michael Burry, famous for predicting the 2008 crash, warns of an AI bubble. He believes tech giants are investing trillions in infrastructure and tools that may not yield lasting returns, likening it to a costly, unnecessary upgrade. Burry cautions that the real economy's utilization is unclear, potentially leading to stagnant tech employment and a long downturn.
Renowned investor Michael Burry, famous for predicting the 2008 crash, warns of an AI bubble. He believes tech giants are investing trillions in infrastructure and tools that may not yield lasting returns, likening it to a costly, unnecessary upgrade. Burry cautions that the real economy's utilization is unclear, potentially leading to stagnant tech employment and a long downturn.
