UNRIVALED INVESTING INSIGHTS

Michael Burry thinks we're living through an enormous AI bubble. Elon Musk thinks SpaceX could generate as much as $1 trillion in annualized revenue by the end of 2027. Who is right?

It's an interesting question, particularly as technology companies are spending hundreds of billions of dollars building the infrastructure needed to power artificial intelligence. My view? There are compelling arguments on both sides.

Are win in an AI bubble? I think we're witnessing a technological revolution that could fundamentally change how the world operates. But I also think it's entirely possible that we're experiencing a speculative investment bubble, at least in certain parts of the market. In fact, both could be true.

Here's what I think is far more important: As an investor, you don't need to predict whether we're in an AI bubble, or when that bubble might pop, to generate attractive long-term returns.

Let me explain.

The Bear Case: Are We Spending Too Much on AI?

Let's start with the sk...