AI bubble or boom? Why Warren Buffett called Big Short fame Michael Burry ‘Cassandra’

Michael Burry, the investor famous for predicting the 2008 housing crisis, has placed fresh bearish bets against AI-linked stocks including Tesla, Nvidia, and Palantir. In a recent Substack post, Burry warned that extreme market optimism, massive venture capital flows, and rising AI debt issuance mirror conditions seen during the Dotcom crash of 1999. The bets have revived concerns about an AI bubble and could weigh on global tech sentiment, including Indian IT and AI-exposed names.