The AI stock bubble will burst within about a year, i.e. by the end of September 2027 (moved up from his earlier 2028 base case).
“the bubble in AI may burst sooner than later.”AIMarkets
A public record of predictions made by well-known people: their exact words, when they said them, and how things turned out.
| Person | Category | Predictions | Scored | Accurate | Late | Partial | Wrong | Accuracy |
|---|---|---|---|---|---|---|---|---|
| Cathie Wood | Investor | 20 | 12 | 4 | 0 | 1 | 7 | 38% |
| Jim Cramer | Commentator | 18 | 17 | 2 | 0 | 1 | 14 | 15% |
| Marc Andreessen | Investor | 8 | 5 | 3 | 1 | 1 | 0 | 80% |
| Masayoshi Son | Investor | 5 | 0 | 0 | 0 | 0 | 0 | — |
| Michael Burry | Investor | 7 | 4 | 1 | 0 | 1 | 2 | 38% |
| Michael Saylor | Crypto figure | 10 | 4 | 1 | 0 | 0 | 3 | 25% |
| Mohamed El-Erian | Economist | 9 | 9 | 3 | 0 | 3 | 3 | 50% |
| Peter Schiff | Investor | 24 | 20 | 5 | 2 | 0 | 13 | 30% |
| Peter Thiel | Investor | 3 | 3 | 0 | 0 | 1 | 2 | 17% |
| Ray Dalio | Investor | 7 | 5 | 2 | 0 | 0 | 3 | 40% |
| Robert Kiyosaki | Commentator | 9 | 7 | 1 | 1 | 0 | 5 | 21% |
| Vinod Khosla | Investor | 7 | 1 | 0 | 0 | 0 | 1 | 0% |
Accuracy counts accurate as 1, late or partial as ½, inaccurate as 0. Pending predictions don't count.
“the bubble in AI may burst sooner than later.”AIMarkets
“We think that during the next three to five years, we will be seeing regularly and perhaps on average growth north of 7%”EconomyAI
“During the next few years, we would not be surprised to see the oil price drop back toward ~$30-35 per barrel”Energy
“Gold and silver are warning about a bigger crisis that's gonna hit either later this year or maybe next year.”EconomyMarkets
“Thereafter, deregulation and other fiscal stimuli should turbocharge the impact of lower interest rates and accelerate GDP growth during the second half of 2026.”Economy
“Regardless of a potential correction, the price should break above $100 next year. This time it is different.”Markets
“Sometime next year, maybe even the first half of next year, they're going to end up expanding that to more than $40 billion”EconomyMarkets
“There's no doubt in my mind, bitcoin will be a larger asset class than gold by the year 2035.”Crypto
“My target price for Bitcoin is $250,000 in 2026.”Crypto
“I think in 2026, we’ll start to see some of these major banks, like Citi and BNY Mellon, start to custody bitcoin,”BankingCrypto
“We are going to reach a moment in the next year where the conversation will shift from lower interest rates to rising rates”EconomyMarkets
“My long-term forecast — as it goes up about 30% a year for the next 20 years — we’re headed toward $20 million bitcoin,”Crypto
“I don’t know why it won’t grind up to a million dollars a coin over the next four to eight years,”Crypto
“Our expectation right now is [at the] end of the year it should be about $150,000.”Crypto
“One of my predictions is the 2030s will see a faster rate of demise of Fortune 500 companies than we've ever seen”EconomyAI
“almost everybody in the 2030s will have a humanoid robot at home”TechnologyAI
“Within the next five years, any economically valuable job humans can do, AI will be able to do 80% of it”AIEconomy
“we believe the current equity market correction is likely to stop short of a bear market and will evolve into a broader-based healthier bull market”Markets
“I believe silver will 2X… possibly $70 this year.”Markets
“I strongly believe, by 2035, that one Bitcoin will be over $ 1 million, Gold will be $30,000, and silver $3,000 a coin”MarketsCrypto
“I think if we're lucky we'll get one rate cut, not four, and it wouldn't surprise me if we get none”Economy
“I think what I would say is this business of bipedal robots or some equivalent like that in various form factors and configurations will be larger than the auto industry within 20 years.”TechnologyAI
“In our view, the market today is discounting the last leg of a rolling recession, which will give the Trump Administration and the Powell Fed many more degrees of freedom than investors expect, setting up the US economy for a deflationary boom in the second half of this year.”Economy
“I can't tell you exactly when it'll come, it's like the heart attack. You're getting closer. My guess would be three years, give or take a year, something like that.”EconomyMarkets
“But now I have corrected that statement and I feel that AGI will actually arrive much sooner than that”AI
“That crash will be in February 2025.”Markets
“MY PRICE PREDICTION for BITCOIN 2025: $175,000 to $350,000”Crypto
“I don't think gold's going back to $2,000,”Markets
“The good news is, interest rates will continue to come down.”Economy
“I don’t see how Donald Trump wins”ElectionsPolitics