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Michael Burry: Slowing AI Development Eclipses Growth Slowdown and Promotes IPOs
15 Sep 2026 15:09
Anthropic and OpenAI CEOs have recently called for slowing the pace of AI development. Michael Burry, the US hedge fund manager portrayed in the film "The Big Short", said the two companies are merely acting in their own interests and that slowing AI development is selfish behavior.

Burry said deliberately slowing development is only intended to mask slowing growth, hinder smaller competitors, and generate publicity for IPOs.

He also said Claude and ChatGPT will not possess "true reasoning capabilities" and that he did not view AI chatbots as a path toward artificial general intelligence (AGI), therefore there is no need to curb their development.
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