'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'

He may not be far off.

These bubbles usually last approximately five years. (Or at least that’s been the case historically.) We’re in year four. I’m actually keeping a portion of my portfolio in cash so when the crash comes I can take advantage, though I may move my whole retirement account into bonds and money market funds after the new year.

The AI bubble is propping up the American bond market too (countering all of the other crap Trump had been doing to undermine the economy). When the bubble pops, the bond market is going to suffer massively as well.

Do you mean long term bonds or do you think short term will be affected as well? If it is a rising rate environment then t-bills or MMFs probably have more to gain from the rising rates than risks from a drop in value of held bonds