「The Big Short」 Michael Burry Makes a Comeback, Releases Column Warning of AI Bubble Risk

November 25th. According to The Wall Street Journal, following rumors of fund liquidation and the "exaggeration by the media of the short AI amount by a hundredfold," Michael Burry, the prototype of the movie "The Big Short" and a renowned investor, fulfilled his commitment on November 24th local time and punctually "returned." He expressed his views on "shorting AI" by publishing his first column titled "The Main Sign of a Bubble: Supply-Side Gluttony." In this article, he officially declared war on the current AI frenzy, with the epicenter of the storm being NVIDIA. He directly pointed out that NVIDIA is the Cisco of today. Regarding the recent market belief that "big tech giants are highly profitable, so there is no bubble," Burry made a sharp rebuttal in the article. He cited data from the peak of the 1999 Internet bubble era to indicate that the prosperity at that time was also driven by high-profit companies, not just those websites with little to no revenue. Burry pointed out in the article that the key issue of the current AI frenzy is "disastrous oversupply and far inadequate demand." and concluded: No matter how many people try to prove that this time is different, the history of 1999 is repeating itself.