After a slight rise, someone’s trying to become a major short seller. Former Wall Street banker Felix Prehn predicts the AI bubble will burst and crash by 78%: 1. Giants are just moving money from left hand to right NVIDIA, Microsoft, Google, and Amazon are pouring massive funds into AI startups, which then use that money to buy back their chips and cloud services, creating artificial demand. 2. No one outside tech is genuinely making money from AI According to Apollo’s authoritative research, traditional businesses outside the tech sector show no signs of significant profit gains from AI adoption—valuation is entirely driven by storytelling. 3. Exactly like the 1999–2000 dot-com bubble Back then, Cisco lent money to startups to buy its own routers, ultimately leading to a 78% crash in the Nasdaq. The same game is playing out today.