'Big Short' investor Michael Burry says AI is turning Big Tech into a worse business

Michael Burry attends "The Big Short" New York premiere at Ziegfeld Theater on November 23, 2015 in New York City.

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• 'Big Short' investor Michael Burry has bet against the AI boom.
• Burry said in a new Substack post that returns on invested capital in Big Tech are declining.
• He said that's because AI is pushing Big Tech away from its asset-light business models.

Michael Burry, the investor made famous by "The Big Short," says the era...