The investor who bet against the US housing market in the run-up to the 2007 financial crisis has now placed a significant wager on the collapse of the artificial intelligence (AI) boom.
The investor who bet against the US housing market in the run-up to the 2007 financial crisis has now placed a significant wager on the collapse of the artificial intelligence (AI) boom.
He’s right about that - 100% right, but there’s SOOOO many things overvalued right now and it doesn’t seem to matter. Like, whatever is good on paper doesn’t necessarily correlate with reality in this market.