{"id":4373,"date":"2026-07-27T14:24:20","date_gmt":"2026-07-27T14:24:20","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/eisman-has-doubts-about-ai-big-short-investor-just-sold-key-tech-stock\/"},"modified":"2026-07-27T14:24:20","modified_gmt":"2026-07-27T14:24:20","slug":"eisman-has-doubts-about-ai-big-short-investor-just-sold-key-tech-stock","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/eisman-has-doubts-about-ai-big-short-investor-just-sold-key-tech-stock\/","title":{"rendered":"Eisman has doubts about AI. &#8216;Big Short&#8217; investor just sold key tech stock"},"content":{"rendered":"\n<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Steve Eisman, the investor made famous by &#8220;The Big Short,&#8221; said he has reduced his exposure to artificial intelligence after selling his longtime stake in Alphabet , warning that investors may be underestimating the risks if the AI boom fails to deliver on lofty expectations. &#8220;I&#8217;ve lightened up. I sold my Google a couple of months ago. I&#8217;ve owned Google. I can&#8217;t even tell you how long I&#8217;ve owned Google,&#8221; Eisman said Monday on CNBC&#8217;s &#8221; Squawk Box .&#8221; &#8220;I wanted to reduce my exposure to AI.&#8221; His comments came after the relentless rally in technology stocks took a breather. The S &amp; P 500 and the Nasdaq Composite just suffered back-to-back weekly losses, falling 0.6% and 2.1%, respectively.\u00a0Last week, Alphabet, the owner of Google and YouTube, dropped nearly 8% after raising its capital spending forecast , underscoring the massive investment required to build AI infrastructure. Eisman said he hasn&#8217;t redeployed the proceeds into defensive sectors, arguing that investors remain singularly focused on AI rather than consumer staples or other, traditionally safer corners of the market. &#8220;People either want to buy AI or they don&#8217;t want to buy AI,&#8221; he said. &#8220;They don&#8217;t want to shift out of it to buy Clorox.&#8221; When asked what happened if AI doesn&#8217;t succeed, Eisman said, &#8220;I think we have a big correction.&#8221; Eisman said he is not betting against the broader market, but worries that investors have become overly concentrated in a single theme. &#8220;It&#8217;s all one trade,&#8221; he said. &#8220;Even people who think they&#8217;re diversified, because they own 60% stocks and 40% bonds, are missing the fact that they&#8217;re actually not diversified, because of their 60%, more than 50%, is of it is tech and AI related, and of the 40% of the bonds, most of the new issuance of bonds is AI related. &#8230; What&#8217;s scares me is that it&#8217;s all one trade.&#8221; The investor said he is sitting on a lot of cash until he figures out what to do.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Steve Eisman, the investor made famous by &#8220;The Big Short,&#8221; said he has reduced his exposure to artificial intelligence after selling his longtime stake in Alphabet , warning that investors may be underestimating the risks if the AI boom fails to deliver on lofty expectations. &#8220;I&#8217;ve lightened up. I sold my Google a couple of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[421,2009,2379,1883,766,2145,881,563,617],"class_list":["post-4373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-big","tag-doubts","tag-eisman","tag-investor","tag-key","tag-short","tag-sold","tag-stock","tag-tech"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/4373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=4373"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/4373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/4374"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=4373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=4373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=4373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}