Steve Eisman, the investor who famously called the 2008 housing crash, says the doomsday warnings coming out of the AI industry are a manufactured crisis designed to protect the biggest players.
Michael Burry, the investor who gained fame for his role in “The Big Short,” has recently accused major technology companies of using aggressive accounting tactics to artificially boost their earnings amidst the AI boom. The fresh accusations come shortly after Burry went public with claims of an “AI bubble.”
Michael Burry, the hedge fund manager who famously bet against the US housing market in 2008, and was portrayed by Christian Bale in 2015’s The Big Short, has disclosed bearish wagers on Nvidia and Palantir Technologies, based on his belief that the economy is in an AI bubble.
What does Burry see that reminds him of 2008?
The former Goldman Sachs executive who helped one of the biggest banks profit off the nation’s housing collapse in 2008 is pouring hundreds of thousands of dollars into Democrat presidential candidate Joe Biden and Sen. Kamala Harris’ (D-CA) campaign.
Christian Bale is in discussions to play Dick Cheney in a biopic of the former vice president’s life from writer-director Adam McKay, according to a report.
Megyn Kelly’s accusations of sexual harassment against former Fox News chief Roger Ailes will be the subject of a new film from Oscar-winning The Big Short screenwriter Charles Randolph.
Contents: Wells Fargo found to have defrauded millions of customers; Reasons given why no criminal prosecutions of bankers for criminal fraud
Contents: ‘The Big Short’ today versus ‘The Three-Penny Opera’ in pre-Hitler Germany; Reader comments on ‘The Big Short’ and the financial crisis; Readers’ personal experiences with the financial crisis; A parent of Generation-Xers describes his experiences; Alan Greenspan recognized the bubble in 2005, but won’t admit it
Contents: ‘The Big Short’ – an infuriating movie about the financial crisis; Criminality in Washington
While promoting his new film “The Big Short” about the 2008 financial crisis, actor Christian Bale says GOP presidential candidate Jeb Bush should “immediately” be disqualified from the race due to his ties to Lehman Brothers.
With Oscar prospects plummeting for the anti-Wall Street film The Big Short, Brad Pitt is rallying Tinseltown progressives to pump up the buzz for his two-hour morality lecture.
Brad Pitt offered up some advice to those about to vote in the 2016 elections — don’t let emotion cloud your judgement.
Paramount Pictures released the first trailer for the highly-anticipated film The Big Short on Tuesday.
