Michael Burry Says AI Slowdown Push Is Self-Serving as OpenAI and Anthropic Plan IPOs

TLDR

• Michael Burry called the AI slowdown push “self-serving” and “hype and puffery” from OpenAI and Anthropic executives
• Burry argues large language models are not true AI and will never reach artificial general intelligence
• Sam Altman ruled out an OpenAI listing in 2026, citing safety reasons, two days after Anthropic’s CEO urged the industry to slow down
• Anthropic has been steering toward its own listing this autumn and does not expect to break even before 2028
• Crypto analyst Ben Cowen warned a large Anthropic IPO could pull attention away from Bitcoin

Michael Burry, the investor made famous by “The Big Short,” has called the AI industry’s push for slower development a calculated move driven by money, not safety.

Burry posted his criticism on X early Monday, two days after Anthropic CEO Dario Amodei published an essay urging AI labs to hold back on capability gains and allow independent evaluators inside their operations.

Let's all take a moment to understand how self-serving it is for OpenAI, Anthropic and other execs of big hyperscalers to talk of slowing things down.
1. LLMs are not AI and won't be AGI. There is nothing AI to slow down.
2. Competition is coming up fast, slowing benefits…

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