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Over the past weekend, Michael Burry—the real-life figure who inspired the main character in the film "The Big Short"—took to social media to fire off a series of posts. In these messages, he not only hit back at his critics but also took aim at some of the most popular tech stocks. Burry re-emphasized the risks tied to the current surge in AI-related investments, singling out OpenAI as a company on a trajectory similar to Netscape's. He predicted that OpenAI, with its enormous cash burn rate, is destined for failure. According to Burry, even if OpenAI managed to secure $60 billion in funding, it would barely scratch the surface of its financial needs. This isn't the first time Burry has voiced skepticism about tech giants; he has previously criticized Nvidia and Tesla, arguing that both companies are overvalued.
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