"Big Short" Michael Burry "Returns", publishes a column warning about the risks of the AI bubble.

On November 25, according to a report by Wall Street News, after experiencing rumors of fund cancellations and the media exaggerating the “shorting AI amount by hundreds of times,” the prototype of the movie “The Big Short,” well-known investor Michael Burry fulfilled his promise and “returned” on time on November 24 local time. He expressed his views on “shorting AI” by publishing his first column article titled “The Main Signs of a Bubble: Gluttony on the Supply Side.” In this article, he formally declared war on the current AI boom, with the storm center being NVIDIA. He pointed out that NVIDIA is the Cisco of that year. In response to the mainstream view that “technology giants have strong profitability, so there is no bubble” in the recent market, Burry made a pointed rebuttal in the article. He cited data from the peak of the internet bubble in 1999 to show that the prosperity of that time was also driven by high-profit companies, not just those small websites that had no revenue at all. Burry pointed out in the article that the key issue of the current AI boom is “disastrous 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.