Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
  • Corkyskog@sh.itjust.worksEnglish
    1·
    2 days ago

    Seems like more of a bet specifically on Palantir, unless there are a bunch of other smaller bets they didn’t bother to mention.

    • Tollana1234567@lemmy.todayEnglish
      1·
      2 days ago

      of all the AI, thiel kept palintir, and his other LOTR-themed Ai companies very secretive. since mossad/IDF, and ukraine uses it, i bet it gives faulty/false positive targeting?

      • Corkyskog@sh.itjust.worksEnglish
        1·
        1 day ago

        But as you said those are all secretive contracts. How would anyone know that kind of thing to bet against without some insider info?