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Technology@lemmy.worldEnglish · 1 day ago

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

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

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Technology@lemmy.worldEnglish · 1 day ago

The investor famous for predicting the 2008 housing market crash is expecting stocks to tumble next year.

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SPCX is the model all AI companies plan follow. IP0 valuation of 2K X forward Earnings.

Your retirement fund will be the exit liquidity forced to buy through indexes as the stocks crash and flat line.

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