Michael Burry's grim warnings are a 'godsend,' star tech investor says

Tech investor Gavin Baker praised Michael Burry's Substack for its bearish critiques of AI spending by Big Tech. Baker, managing partner at Atreides Management, acknowledged Burry's skepticism about AI-driven capital expenditures but argued the market is not currently in a bubble. He cited historical tech bubbles and constraints like energy and microchip production as factors preventing an AI bubble.