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To be fair not predicting accurately doesn't necessarily mean they are wrong - Michael Burry is the perfect example here, a market may actually just be so fraud
by janpeuker 15d ago
To be fair not predicting accurately doesn't necessarily mean they are wrong - Michael Burry is the perfect example here, a market may actually just be so fraudulent (AI companies being funded by AI companies etc) that it can defy common economics for a while.
- qnpnpmqppnp 15d agoYou're right or wrong in relation to a given statement. If your point is just that there may be an AI bubble, then yes the fact that it hasn't popped yet does not prove it wrong. But that's not what Ed Zitron is saying; he's making very specific statements that happen to be wrong time and time again. As many said in the comments, it's common for doomers to keep predicting a crisis, every month and every year and so on, until inevitably a crisis does occur and they claim they were right. That's not how it works.