Part 5/13:
Contrastingly, some contrarian voices warn of bubbles in sectors like artificial intelligence (AI). Michael Burry, famous for predicting the 2008 crash, has recently made significant bets against tech giants like Nvidia and Palantir, which have soared in valuation. Burry warns of a potential bubble similar to late 90s dot-com excess, where rampant speculation led to a crash followed by a substantial technological rebound.