>“Folly makes money. Creative destruction and manic folly are exactly why the U.S. is the center of innovation in the world,” Burry said. “Companies are allowed to innovate themselves to death. And ever more spring up to do the same. Sometimes the new company is the same company on a pivot.”>During the dot-com boom, Burry said the tech industry was defined by “highly profitable large caps, among which were the so-called ‘Four Horsemen’ of the era—Microsoft, Intel, Dell, and Cisco.” Similarly, there are five publicly traded horsemen of the current AI boom, according to Burry: Microsoft, Google, Meta, Amazon and Oracle. >Notably, Burry singled out Cisco as the company at the forefront of the dot-com bubble burst. The tech company’s stock surged 3,800% between 1995 and 2000, becoming the most valuable company in the world with a market capitalization of about $560 billion. The tech firm’s stock collapsed at the turn of the millennium, plummeting more than 80%.>Today, Burry argued, history is repeating itself with today’s AI boom: “And once again there is a Cisco at the center of it all, with the picks and shovels for all and the expansive vision to go with it,” Burry said. “Its name is Nvidia.”>Burry has published a flurry of X posts casting doubt on the ballooning valuations of AI companies, in particular Nvidia, which he has criticized over the actual longevity of its chips, as well as the chipmakers’ ability to sustain demand for its products.>Similar to Cisco’s record-breaking market cap 25 years ago, Nvidia has established itself as the world’s most valuable company today, worth roughly $5 trillion. The company’s swelling value has also concerned Lisa Shalett, Morgan Stanley Wealth Management’s chief investment officer, who told Fortune in September she’s worried about the industry’s “Cisco moment” in the next 24 months.
>>522139469Michael Burry is literally a retard tho.hes been wrong so many times before its clear hes a one trick pony that got lucky once.
>>522139469>Ciscotransphobe scum
GPUs are a piss poor way to implement AI or even LLMshttps://youtu.be/5XLWqNl6M-cThere are already vastly superior ways of supporting AI/LLM on the immediate horizon and it's SRAMSRAM is ideal for AI.Static random-access memory (static RAM or SRAM) is a type of random-access memory (RAM) that uses latching circuitry (flip-flop) to store each bit. SRAM is volatile memory; data is lost when power is removed.The static qualifier differentiates SRAM from dynamic random-access memory (DRAM):SRAM will hold its data permanently in the presence of power, while data in DRAM decays in seconds and thus must be periodically refreshed.SRAM is faster than DRAM but it is more expensive in terms of silicon area and cost.Typically, SRAM is used for the cache and internal registers of a CPU while DRAM is used for a computer's main memory.
Nvidia betrayed gamers. GAMERS! And that is why they will fall.
It will be fun when NVidia comes crawling back to it's graphics customers with reasonable prices.
>>522139561Shorting is retarded to begin with. The timing of it has to be perfect.
>>522139838What a joke of a video. GPUs change with generations too. Is this AIslop? The guy sounds like it.
>>522139469it's damn-near impossible to capture lightning in a bottle.....twiceburry should sit on his laurels & collect interest on the $ he was able to make in the big short
>>522139469Reminder, if you ignored everything he said since the GFC and just owned the market you would have done better than him.He got high on his own supply and has been chasing the rush of being the "famous contrarian proven right" rather than offering sound financial advice ever since.
>>522139469The current meta is that we are in a bubble but LLMs keep hitting higher highs so the bubble can keep getting bigger.Eventually, I'd think one or two companies will outpace the rest in the supremacy race and make LLMs more efficient to the point that most other competitors bow out and the insane demand for Nvidia chips will flatline.Then when Nvidia tanks and takes down the ecoomy with it, they will be completely at the mercy of the most cutting-edge AI companies.>but the AI race is a national security concernso was keeping Intel relevant and look at how badly they botched that
>>522139469Remember when he said in 2023 there would be a recession or some shit, never happened.
>>522139561>this guy's dumb for calling out the endgame and getting everything right except not being able to time it right
>>522144102>this guy's dumb for calling out the endgame and getting everything right except not being able to time it rightBurry is correct in his overall assessment (ie, "AI"/the Nvidia bonanza is a gigantic bubble), but we take issue with his insistence on knowing when the pop will happen. Furthermore, the posturing as though he is some kind of clairvoyant is extremely annoying. Why?>>522141379>Remember when he said in 2023 there would be a recession or some shit, never happenedThat's why. Burry has been trying to "epically call" the next bust cycle in this Kabbalah nonsense, referred to as "the economy." In so doing, Burry has been betting big on a just around the corner major drop, and accordingly has been losing money.Tldr: Al/Nvidia is another talmudic bubble scam, but Burry is a braying ass for acting like he knows when the bubble pops, as he has "called the top" multiple times before. If you took his advice earlier in the decade, you would be bankrupt. Burry is therefore no better than shekelstein.
>>522139469correct. January 2026
>>522139838Worth mentioning Nvidia doesn't have its own fabs. Which means their entire valuation is on intellectual property and institutional knowledge.
machines transfer value, they do not create it -- capitalists have not sufficiently understood this
This retard literally just got wiped out lmao
>>522139469thats a retarded comparisonNvidia is producing hardware. If buble will pop it`ll be OpenAi and like, Nvidia can just go back to making video cards - plus, the "pop" doesnt mean their AI solution wont be needed anymore. Already existing infrastructure and solutions will remain, AI already a basic of our life.Nvidia capitalization is blownup - but its not ITs problem. Its YOUR problem if you invested in it. Cisco never was near monopolist like Nvidia is.
>>522139469>Gorillions of dollars spent to generate some AI slop They deserved it. AI was meant to improve our lives, not to allow every jeet on the world to generate even more shit and cover 99.9% of the internet with it
line go down
>>522145337machines that replicate the output of white-collar Western workers will have a greater and more positive benefit in the developing world
>>522139469I'm pretty sure Jensen Huang is smarter than Michael Burry
in the West, machines will transfer value from human workers to the machines and their owners, and this will be profitable, temporarily, until competitors have similar machines
>>522139469This guy isnt that smart. He had success in 08 but not much since then
>>522139561Fpbp
>>522139469>please subscribe to my substackno i dont think i will
