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return2ozma@lemmy.world to Late Stage Capitalism@lemmy.world · 20 hours ago

'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'

gizmodo.com

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'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'

gizmodo.com

return2ozma@lemmy.world to Late Stage Capitalism@lemmy.world · 20 hours ago
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The investor famous for predicting the 2008 housing market crash is expecting stocks to tumble next year.
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  • moldy_rice@piefed.keyboardvagabond.com
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    3 hours ago

    Article doesn’t load

  • Fredselfish@sh.itjust.works
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    17 hours ago

    Wish it pop now get it over with.

  • ButtermilkBiscuit@feddit.nl
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    15 hours ago

    He’s called the bubble popped at multiple points and has gotten it right exactly once. He said the small and regional banks would fail, said insurance industry was ready to fail, called crypto bubble failures, healthcare bubble, etc etc etc. His twitter is a skitzo conspiracy fest of predictions that never happened.

    • moldy_rice@piefed.keyboardvagabond.com
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      3 hours ago

      The market does crash when enough people believe in skitzo conspiracy theories, tho.

      And this one has overwhelming popular acceptance.

      • nilloc@discuss.tchncs.de
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        2 hours ago

        Not if it has enough political and investor influence to keep pumping.

        Markets can remain irrational longer than you can remain solvent.

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