Business Insider·3 min read·medium

Michael Burry says AI leaders' calls for a slowdown are 'self-serving' — and humanity has 'nothing to fear'

Michael Burry says AI leaders' calls for a slowdown are 'self-serving' — and humanity has 'nothing to fear'
AI Summary

Investor Michael Burry has criticized AI industry leaders for calling for a slowdown in development, labeling their motives as self-serving. He argues that current large language models are not true AGI and that the calls for regulation are intended to protect incumbents from competition.

Why it matters

This perspective challenges the prevailing narrative among AI executives regarding the existential risks of their technology, suggesting economic motivations drive the push for regulation.

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Michael Burry, the investor of "The Big Short" fame. Bloomberg/Getty Images Michael Burry says AI leaders are looking out for themselves by supporting slower progress. The investor from "The Big Short" said they're "self-serving" and there's "nothing to fear." AI chiefs have called for greater restraint after researchers warned AI could eliminate all humans. Sam Altman, Dario Amodei, and other AI chiefs are calling for slower development of the technology following fresh warnings that it could annihilate us all. Michael Burry says they're just helping themselves. The investor of "The Big Short" fame said in a late Sunday post on X that it was "self-serving" for the bosses of OpenAI, Anthropic, and other AI companies to push for a slowdown . Let's all take a moment to understand how self-serving it is for OpenAI, Anthropic and other execs of big hyperscalers to talk of slowing things down. 1.

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