DetroitMike
@detroitmike.bsky.social
2.8K followers
360 following
2.7K posts
Former computer programmer, current prose writer. Painting with Cat Food, non-fiction essays, available on Kindle. Former Hulu subscriber.
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“Michael Burry, who famously shorted the US housing market before its collapse in 2008, has bet over $1 billion that the share prices of AI chipmaker Nvidia and software company Palantir will fall — making a similar play, in other words, on the prediction that the AI industry will collapse.”
The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
futurism.com
Reposted by DetroitMike
Reposted by DetroitMike
Holy shit balls!
It's almost like he sucks or something?
It's almost like he sucks or something?