The AI reckoning is coming, it’s just a matter of timing 

In 2005, the contrarian hedge fund boss Michael Burry bet against the US mortgage market. Incontinent lenders had approved mortgages to people with little or no income, and had even extended the credit, rolling up the interest into the principal balance.

https://www.telegraph.co.uk/business/2026/08/24/ai-reckoning-coming-just-matter-of-timing/