ChainThink report, November 25, according to Wall Street Observer, after the rumor of fund cancellation and the media exaggerating the amount of shorting AI by a hundred times, Michael Burry, the prototype of the movie "The Big Short" and a well-known investor, fulfilled his promise on the local time of November 24, and returned on time.

Through publishing his first column article titled "Main Signs of the Bubble: Excess Supply Side Consumption," he expressed his view of "shorting AI." In this article, he formally declared war on the current AI boom, with NVIDIA as the center of the storm. He directly pointed out that NVIDIA is the Cisco of that time.

Regarding the mainstream view in the market that "tech giants have strong profitability, so there is no bubble," Burry made a direct rebuttal in the article. He cited data from the peak of the dot-com bubble in 1999, pointing out that the prosperity at that time was also driven by high-profit companies, not just small websites without revenue. Burry stated in the article that the key issue of the current AI boom is "catastrophic over-supply and far insufficient demand." And he is convinced that no matter how many people try to prove that this time is different, the history of 1999 is repeating itself.