“OpenAI is the next Netscape, doomed and haemorrhaging cash,” Burry wrote in a post on X, formerly Twitter, last month that was viewed more than two million times, likening the maker of ChatGPT to a casualty of the dot-com bubble. When credit and asset prices grow rapidly in the same sector – conditions the researchers term a “red zone” – there was a probability of about 40% of a financial crisis starting in the next three years, they concluded. When Andrew Odlyzko – an emeritus professor of mathematics at the University of Minnesota who has studied economic bubbles and has a history of recognising warning signs before a crash – started getting calls from journalists asking about a potential AI bubble in 2024, he dismissed the idea.
Author: Lisa Bonos
Published at: 2026-01-17 22:21:43
Still want to read the full version? Full article
