Michael Burry Warns AI Bubble Will Crash

Michael Burry said on X on January 21, 2026 that the AI boom is a massive bubble which will pop and could tank the stock market and economy. He highlighted OpenAI's costly ambitions—including a reported $1.4 trillion eight-year spending target—and noted revenue growth from $2 billion in 2023 to over $20 billion last year. Burry said governments may attempt rescues but warned interventions may not be sufficient to save markets.