AI’s hidden $4.3 trillion bill could wreck world economy, warns Big Short investor

AI Summary

Investor Michael Burry warns that the enormous cost of AI data-center construction—estimated in the headline at $4.3 trillion—could threaten the global economy. He argues that companies may be obscuring the scale of their spending on data-center infrastructure.

Michael Burry, the hedge-fund manager famous for his bet against the US subprime mortgage bubble that sparked the GFC, has targeted the gargantuan data centre bill he says AL companies are hiding.