What's your short position?
What's your long position? You can't pick winners or losers in a bubble. All the leading AI companies are valuing themselves as if they each own the entire TAM without any clear moat. It's obviously not going to work out.
Market can remain irrational longer than I can remain solvent.
Also, if I lose my money I am not in position to get bailout.
Also, shorting requires managing to not only predict drop in price but also when it will happen.
Also, I do not have large amount of money investable into risky instruments.
Shorting is always riskier because you have to time the trade. But I have moved exclusively to bonds.