Michael Burry Blasts OpenAI and Anthropic Chiefs Over Doomsday Talk, Exposes the Big Game Behind It
Burry said AI chiefs are using safety warnings to protect incumbents as investors sold AI stocks on Monday.
- On Sunday, investor Michael Burry, known for 'The Big Short,' criticized OpenAI and Anthropic for pushing to slow AI development, calling their safety push 'self-serving' rather than genuinely motivated.
- Anthropic CEO Dario Amodei published an essay Saturday urging peers to 'slow the pace' of AI advances; OpenAI chief Sam Altman backed the call, telling Fortune a 2026 listing would be an 'ill-advised moment.'
- Burry argues slowdowns primarily 'benefits incumbents' while hampers smaller rivals, and provide 'cover for real uncontrollable slowing growth' while maintaining 'hype & puffery' needed for IPOs.
- Support for caution came from xAI CEO Elon Musk and Google DeepMind chief Demis Hassabis, yet AI-linked stocks fell Monday, with the Nasdaq 100 down more than 1% as investors reacted.
- OpenAI ruled out a 2026 IPO, while Anthropic prepares for a potential listing valued at about $2 trillion. Future IPO filings will test whether Burry's financial incentive theory or safety concerns drive the companies' positions.
12 Articles
12 Articles
‘Big Short’ investor Michael Burry says AI warnings are self-serving
Wall Street expert Michael Burry on Monday suggested that leading technology leaders have ulterior motives for their recent deluge of warnings about artificial intelligence, arguing they are simply looking to boost profit margins. The prominent investor weighed in on the AI debate that sparked last week, when Anthropic researcher Jacob Coxon left the company with […]
‘Big Short’ trader Michael Burry slams OpenAI, Anthropic for ‘self-serving’ calls to slow AI – joining backlash
Burry joins a chorus of tech bigwigs including David Sacks and Bill Gurley panning the so-called AI fearmongering sweeping Silicon Valley.
Michael Burry Blasts OpenAI and Anthropic Chiefs Over Doomsday Talk, Exposes the Big Game Behind It
Michael Burry has accused the chiefs of OpenAI and Anthropic of using increasingly stark warnings about artificial intelligence to protect their market position and shape huge future stock listings, just as rivals gain ground and the industry's biggest potential IPOs come into view. The investor, whose bet against the US housing market before the 2008 financial crisis was chronicled in The Big Short, called the push to slow frontier AI developme…
‘Big Short’ Maven Michael Burry Argues AI Companies Are Hyping Panic To Cover For Slowing Growth In The Industry
Burry’s message echoed some of the sentiments put out by President Donald Trump this week, calling panic around AI a "Hoax" The post ‘Big Short’ Maven Michael Burry Argues AI Companies Are Hyping Panic To Cover For Slowing Growth In The Industry first appeared on Mediaite.
Several things are at play when large AI companies make worrying announcements, tech analyst assesses.
'Big Short' Michael Burry says AI leaders' calls for slowdown are 'self-serving' and he's not worried
Michael Burry of "The Big Short" fame said AI companies were helping themselves by calling for slower progress to head off any threats to humanity.
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