America’s biggest investor says: Plain and simple, AI stocks are an asset bubble
timesofindia.com / May 20, 2026, 19:42 (IST)
Renowned investor Michael Burry, famous for predicting the 2008 housing crash, warns the current AI boom mirrors the dot-com bubble. He highlights excessive venture capital and debt funding, noting many AI startups are unprofitable. Burry questions AI's long-term enterprise value and consumer willingness to pay, suggesting a market crash is imminent.