Burry vs. AI bulls: critic argues AI has a virtuous loop dot-coms never had
robleclerc · x · 2026-10-06
Responding to Michael Burry's claim that the market is in a 2000/2008-style denial stage lasting 6-9 months, Rob LeClen argues Burry confuses Malthusian with Promethean dynamics: dot-coms and housing needed 'greater fools,' but each AI iteration improves AI itself, creating new value and more AI demand — a virtuous loop those bubbles lacked.
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