The Gray Files Podcast
Michael Burry, famous for predicting the 2008 housing crash, now warns the AI boom is propped up by accounting distortions, circular investment loops, and falling returns on capital. His analysis suggests a cascade of failures could follow if the narrative breaks before the numbers catch up.
Explore the dual nature of Palantir Technologies, a company at the forefront of AI powered intelligence, highlighting its origins in addressing systemic bureaucratic failures and its ongoing challenge to balance national security with civil liberties. It delves into CEO Alex Karp’s evolving philosophy and the controversies surrounding Palantir’s powerful surveillance tools.
Since the late 1990s, this indicator has been in freefall. And if history is any guide, that’s a big problem. Societies don’t do well when the middle class collapses. They break—politically, economically, and sometimes violently