On May 11, Michael Burry, the prototype of the 'Big Short' known for predicting the collapse of the U.S. housing market, recently issued a warning that the current stock market's obsession with artificial intelligence is beginning to resemble the final stages before the burst of the internet bubble. Burry stated on his personal blog that the stock market no longer responds logically to economic data such as employment reports or consumer confidence. 'The reason they are rising straight up is simply that they have been rising straight up, based on a two-letter conclusion that everyone thinks they understand... It feels like the last few months of the bubble from 1999 to 2000.' Meanwhile, legendary macro trader and founder of Tudor Investment Corporation, Paul Tudor Jones, also compared the current AI-driven surge to the period before the internet bubble burst, although he believes this bull market may still have room for further gains. Jones told CNBC's 'Squawk Box' that the current environment feels like 1999—about a year before tech stocks peaked in early 2000, and he estimates that this rally could last another year or two. At the same time, Jones warned that if valuations continue to inflate, the eventual correction could be very severe. He stated that if the stock market were to rise another 40%, the ratio of market capitalization to GDP could reach an astonishing 300% or even 350%. 'Everyone knows in their hearts that there will be some kind of jaw-dropping adjustment at that point.'