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Michael Burry of 'Big Short' fame blasts AI giants' slowdown call as self-serving hype
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On September 15, Cailian Press reported that leading AI industry figures from OpenAI, Anthropic, and other major companies recently called for slowing down technological development. Renowned investor Michael Burry, known for betting against the housing market in the 'Big Short,' criticized this move as 'self-serving,' arguing it aims to slow rapidly developing competitors and benefit incumbent firms. Burry challenged the fundamental premise, asserting that large language models are not artificial general intelligence (AGI), and therefore there is no AI development that needs slowing. He also suggested that discussing AI's potential dangers helps maintain investor enthusiasm as these companies prepare for IPOs.
Source report
September 15 — Cailian Press — Over the past weekend, three leading figures in the artificial intelligence (AI) industry jointly called for a slowdown in technological development. However, renowned investor Michael Burry, known for his "Big Short" bet against the housing market, has sharply questioned the move, labeling the push for a slower pace as "self-serving."
Burry argued that efforts by OpenAI, Anthropic, and other major AI companies could effectively slow down rapidly advancing competitors, thereby benefiting established incumbent firms. He also challenged the fundamental premise of the argument, asserting that large language models do not constitute artificial general intelligence (AGI).
"There is no AI whose development needs to be slowed down," Burry stated.
Furthermore, he noted that discussing the potential dangers of AI helps maintain investor enthusiasm, particularly as these companies prepare for initial public offerings (IPOs).
Source
财联社Regional
Part of this Story
Michael Burry and Steve Eisman blast AI giants’ slowdown push as self-serving IPO hype