Michael Burry made $100M by betting against the housing market in 2008, now he’s set his sights on AI with these moves

Still, concerns about speculation in the AI trade are bubbling up elsewhere. Goldman Sachs CEO David Solomon recently warned that “a bunch of the capital that’s being deployed [in AI] will actually not produce any returns (7)”.“The two companies he’s shorting are the ones making all the money, which is super weird,” Karp said (6). “The idea that chips and ontology is what you want to short is bats— crazy.”Burry himself even leaned into the drama — pairing his “bubble” comments with a photo of Christian Bale ...