Michael Burrie criticized the management of OpenAI and Anthropic for calls to slow down the development of AI

Investor Michael Burry, who has many times predicted crashes in the American stock market and is known as the prototype of the hero of the movie “The Big Short,” criticized the management of OpenAI and Anthropic for calls to slow down the development of artificial intelligence, calling their position self-serving and associated with self-promotion.

From his point of view, both companies that plan to go public in the near future, aiming for trillion-dollar valuations and at the same time talking about fear of an apocalyptic scenario for the development of technology, are essentially selling themselves.

As Burry noted, the calls made by the “captains” of the industry are beneficial to companies that have already established themselves in the market, that is, to themselves. “An IPO requires hype and self-promotion; statements in the spirit of “we are so good that it can become dangerous” - this is hype and self-promotion,” he wrote in his microblog on X.

The investor also drew attention to the fact that the so-called Large Language Models (LLM) are not full-fledged artificial intelligence and will not reach the level of AGI (strong artificial intelligence), which means, according to him, there is nothing to slow down here.

Burry also suggested that calls for a slowdown are a cover for a real slowdown in the growth rate of the AI ​​industry, which analysts are increasingly warning about the risks of forming a new financial bubble.