Just when the market starts to climb a bit, here come the big short sellers again. Former Wall Street banker Felix Prehn predicts the AI bubble will burst and crash by 78%: 1. Giants are just playing a shell game NVIDIA, Microsoft, Google, and Amazon are pouring massive funds into AI startups, and those startups are using the money to buy back their chips and cloud services, creating fake demand. 2. No one outside is actually making money with AI Apollo’s authoritative research confirms that traditional businesses outside the tech world show no signs of significant profits from using AI. It’s all about storytelling to prop up valuations. 3. Exactly like the 1999-2000 dot-com bubble Back then, Cisco lent money to startups to buy its own routers, and eventually, the Nasdaq crashed by 78%. Now it’s the same game all over again.