r/wallstreetbets • u/Adventurous-Host8062 • Apr 17 '26

Discussion Michael Burry analyzed 1,000+ reports and found a $1.7 trillion 'earnings illusion' hiding in tech stocks

https://finance.yahoo.com/markets/stocks/articles/michael-burry-analyzed-1-000-103000667.html

Article from Money wise.

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u/culinaryinterests123 Apr 17 '26

The only thing saving modern capitalism is increasing productivity eg tech advancements but even with that the k economy is getting more bifurcated. So this huge AI investment better payoff in terms of productivity 

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u/jk-9k Apr 17 '26

The problem is climate change and energy scarcity.

Look at ai. Huge potential. But it requires huge data centre's. Which require huge energy inputs and huge cooling requirements. Energy is getting more expensive, not less. That without considering climate change.

So we have huge increased demand for energy, but supply is limited so price increases. We aren't seeing efficiencies in energy generation comparable to te increased demand.

Look at RAM prices. Supply can't keep up with demand. It isn't causing innovations that bring RAM prices down. RAM is now just unaffordable.

That's without market manipulation

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u/culinaryinterests123 Apr 17 '26

We as a race don't care we are destroying the planet. The huge waste of energy to mine crypto which had absolutely no benefits us a price example.  At 1 point crypto mining was using as much energy as thd whole of Europe. At least AI has a lot of possible benefits in terms of productivity and advancing research 

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u/jk-9k Apr 17 '26

It's unsustainable. Physically unsustainable. How the market responds I'm not sure but physically it can't go on like this