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The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops (futurism.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 45 points 1 year ago (2 children)

Nvidia down ~8% this week, Palantir down ~10%

Maybe the needle really is shifting.

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  • [–] 35 points 1 year ago (1 child)

    Maybe, but he's also been super wrong a bunch of times on his skitzo twitter account so grains of salt and all that. Not saying the guy isn't smart, clearly called one of the biggest systemic crisis of our times, but he struck gold once and struck out a bunch more often.

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  • [–] 8 points 1 year ago

    Because it's more likely that he got lucky once and his short position was strong enough that he could keep paying the premiums than it is that he is some super genius who knew something noone else knew

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