Technology@lemmy.worldbyTony Bark@pawb.social

5 months

The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

futurism.com English

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.

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tetris11@feddit.ukEnglish
5 months
Any. If it happened under Obama, it will most certainly happen under Trump
- Goldholz @lemmy.blahaj.zoneEnglish
  5 months
  Thats quite the US centered perspective
  - tetris11@feddit.ukEnglish
    5 months
    I’m from the UK/Germany. The dollar is a worldwide currency with far reaching impact
    
    Germany had the same financial crisis around that time with a 70 Mrd € bailout as I’m sure you remember

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