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.
A billion? With what money? A quick search says he’s only worth 1/3 of that. If he’s shorting it he’s gonna be toast.
Isn’t his job to bet with other people’s money?