Markets are in denial, warns 'Big Short' investor Michael Burry

The stock market is in the "denial" stage of a massive bubble, mirroring the 2000 and 2008 crashes. The AI boom is so overvalued that the private price tag of a single startup like Anthropic could buy 78 profitable S&P 500 companies, including FedEx and Domino’s. This is a repeat of the late-90s telecom overbuild, and the burst will happen much sooner than anyone expects. Is AI a genuine revolution, or are we living through a massive financial delusion? Do you agree?
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