America's biggest investor has an 'end question' for tech giants
Investor Michael Burry is questioning Big Tech's massive AI spending, highlighting concerns over ballooning debt and accounting practices. Companies are investing hundreds of billions in AI infrastructure, leading to significant borrowing and potential overstatement of earnings. Burry draws parallels to the early electricity boom, where transformative technology didn't prevent investor losses.
Investor Michael Burry is questioning Big Tech's massive AI spending, highlighting concerns over ballooning debt and accounting practices. Companies are investing hundreds of billions in AI infrastructure, leading to significant borrowing and potential overstatement of earnings. Burry draws parallels to the early electricity boom, where transformative technology didn't prevent investor losses.
