The AI boom feels a lot like the telecom bubble of the early 2000s — a race to build infrastructure faster than anyone can figure out how to monetize it. Investors like Michael Burry and industry insiders aren’t betting against AI itself; they’re betting against the unsustainable hype cycle surrounding it. Just like fiber-optic cable once outpaced demand, today’s AI valuations are outpacing real business value. The tech is real, the promise is real, but the process behind it