by Coinstrooper Crypto Articles
Quick Take
  • The Big Short investor posted the criticism early Monday, two days after Anthropic CEO Dario Amodei published an essay urging the industry to pace itself.
  • He argued first that large language models (LLMs) are not artificial intelligence (AI) and will never reach artificial general intelligence (AGI).
  • Second, he said rivals are closing in fast, so a pause protects whoever leads today.
  • Third, he read the safety warnings as promotional material for coming stock listings.

What Happened

The Big Short investor posted the criticism early Monday, two days after Anthropic CEO Dario Amodei published an essay urging the industry to pace itself.

Neither company turns a profit yet. Anthropic does not expect to break even before 2028, while OpenAI has guided investors toward 2030. A listing would put those numbers into an audited filing.

Market Context

Amodei’s essay, published Saturday, asked labs to hold back capability gains and to host independent evaluators. Sam Altman and Elon Musk backed the AI slowdown plan within hours.

Why It Matters

His fourth point went further. He suggested the AI slowdown talk covers growth that is already fading, just as the listings slip.

Crypto traders watch the same trade. Analyst Ben Cowen has warned that a giant Anthropic float could drain attention from Bitcoin.

Details

Michael Burry called the AI slowdown push self-serving, arguing that OpenAI and Anthropic executives gain directly from telling the public their own technology moves too fast.

Michael Burry Calls the AI Slowdown Hype and Puffery

Burry laid out four objections. He argued first that large language models (LLMs) are not artificial intelligence (AI) and will never reach artificial general intelligence (AGI). On that basis, he sees nothing real to slow.

Second, he said rivals are closing in fast, so a pause protects whoever leads today. Third, he read the safety warnings as promotional material for coming stock listings.

A company that calls itself dangerously powerful also calls itself valuable. Burry labelled that hype and puffery.

The IPO Timing Behind the Safety Warnings

Burry’s last point lands closest to the money. Altman ruled out a 2026 listing on Saturday and gave safety as the reason. He named no new date.

Anthropic, meanwhile, has been steering toward a listing of its own this autumn. The AI slowdown message also pulled stock futures lower ahead of Monday’s open.

Burry is no neutral observer either. He expanded his Nvidia short in August, then bought December calls as a hedge.

Amodei wants evaluators inside the building. Burry wants the accounts. Whichever version of the AI slowdown story holds, the S-1 filings will settle it long before the essays do.

The post Michael Burry Calls AI Slowdown a Self-Serving Hype: Is It Really About IPOs? appeared first on BeInCrypto.