A massive $1.1 billion short position just landed on AI stocks. The architect? Michael Burry—yes, that guy who called the 2008 crash.

But here's the twist: He's not betting against the technology itself. He's questioning whether these valuations make any sense at all.

Think about it. We've seen this pattern before. Revolutionary tech emerges, everyone rushes in, prices skyrocket beyond fundamentals. The AI narrative has pushed certain stocks into stratospheric territory, and Burry's apparently done watching from the sidelines.

This isn't some random contrarian play. When someone with his track record puts eleven figures on the line, it's worth examining what he sees that markets might be missing. The tech is real—nobody's disputing that. But are we pricing in perfection while ignoring the risks?

The reckoning he's positioning for isn't about AI failing. It's about gravity eventually applying to valuations that've lost touch with reality.