Michael Burry, the investor famed for betting against subprime mortgages, publicly attacked OpenAI, Anthropic and other big AI firms for urging a slowdown in frontier development, calling those appeals self-serving. He argued the push to pause research masks an underlying loss of the hypergrowth that powered the AI boom and could be a tactic to delay IPOs and control competition through regulatory capture. Burry dismissed large language models as not constituting artificial general intelligence and reiterated his view that the current rush of investment resembles the dot-com bubble.
His comments come amid a flurry of high-profile calls for greater oversight from leaders at Anthropic, OpenAI, Google DeepMind and others, even as those companies have been raising capital and filing for public listings; OpenAI has signaled it will postpone its IPO. The debate has split Silicon Valley, with critics such as venture capitalists and political figures warning that lobbying for regulation can be a strategic move to fend off rivals, while CEOs and policymakers, including the Trump administration, weigh frameworks to evaluate and pace AI capabilities.
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