▲ 538 ▼ 'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later' (gizmodo.com) submitted 1 week ago by return2ozma@lemmy.world to c/technology@lemmy.world 208 comments fedilink hide all child comments
[–] NotAnOtter@lemmus.org 29 points 1 week ago (3 children) He’s been saying this for 4 years permalink fedilink source hideshow 3 child comments replies: [–] sirico@feddit.uk 21 points 1 week ago But he'll be right everyday after it happens permalink fedilink source parent [–] Don_alForno@feddit.org 4 points 1 week ago (1 child) And it's somehow a surprise to you that the worlds richest corporations collectively can keep up an investment bubble for four years? They'll not be able to do it indefinitely, and profitability of any LLM business is not on the horizon so far. permalink fedilink source parent hideshow 1 child comment replies: [–] NotAnOtter@lemmus.org 6 points 1 week ago I'm saying Burry's opinion on the timing is irrelevant. He calls a crash basically every quarter since the '08 crash recovered. If you shorted every time he suggested something was going to burst "sooner than later", you would already be bankrupt. permalink fedilink source parent
[–] sirico@feddit.uk 21 points 1 week ago But he'll be right everyday after it happens permalink fedilink source parent
[–] Don_alForno@feddit.org 4 points 1 week ago (1 child) And it's somehow a surprise to you that the worlds richest corporations collectively can keep up an investment bubble for four years? They'll not be able to do it indefinitely, and profitability of any LLM business is not on the horizon so far. permalink fedilink source parent hideshow 1 child comment replies: [–] NotAnOtter@lemmus.org 6 points 1 week ago I'm saying Burry's opinion on the timing is irrelevant. He calls a crash basically every quarter since the '08 crash recovered. If you shorted every time he suggested something was going to burst "sooner than later", you would already be bankrupt. permalink fedilink source parent
[–] NotAnOtter@lemmus.org 6 points 1 week ago I'm saying Burry's opinion on the timing is irrelevant. He calls a crash basically every quarter since the '08 crash recovered. If you shorted every time he suggested something was going to burst "sooner than later", you would already be bankrupt. permalink fedilink source parent