"Big Short" Michael Burry "returns," publishes a column warning about AI bubble risks

According to reports from Wall Street News, after experiencing rumors of fund cancellations and the media exaggerating the "shorting of AI by a hundred times," the prototype of the movie "The Big Short," well-known investor Michael Burry, fulfilled his promise and "returned" on November 24 local time.

He expressed his views on "shorting AI" by publishing his first column titled "The Main Signs of a Bubble: Supply-Side Gluttony." In this article, he officially declared war on the current AI craze, with the storm center being NVIDIA. He pointed out that NVIDIA is the Cisco of that year.

In response to the recent mainstream view in the market that "tech giants have strong profitability, so there is no bubble," Burry provided a sharp rebuttal in the article. He cited data from the peak of the internet bubble in 1999, indicating that the prosperity of that time was also driven by high-profit companies, not just small websites that had no revenue at all. Burry pointed out that the key issue with the current AI craze is "catastrophic oversupply and far insufficient demand." He asserted that no matter how many people try to prove this time is different, the history of 1999 is repeating itself.