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The Economic Times
The Economic Times
Business

AI bubble to burst sooner than expected? Michael Burry believes it would take only one season of revenue disappointment

While the AI trade continues to see sharp swings on Wall Street, popular American investor Michael Burry has issued a fresh warning, now seeing the AI bubble bursting sooner than expected.

The market veteran, popularly known as the ‘Big Short’ investor and famous for correctly predicting the 2008 housing bubble, reshuffled his bets against AI giants after research over the weekend suggested the bubble around artificial intelligence frenzy bubble could pop even before what he previously expected.

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