Why Both AI Bulls and Bears Are Right

it. But Jensen and Michael Burry can both be right. And Jensen, I think, is correct. AI is amazing, it's going to solve huge problems, it's going to accelerate computing, it's the future, it's here, and it's unstoppable. But Michael Burry recognizes that when you have a hype market like AI is, and you have circular financing, and you have interest rates rising, And these massive CapEx and you have narrow success like the economist from Apollo showed, the Mag7 making productivity gains, the 493, not so much. When those conditions occur, you're going to have opportunities if you're a short seller to make some money.