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Big Short's Michael Burry Hopes Markets Crash to Stop 'Skynet IPO' for Humanity's Benefit
Burry said OpenAI and Anthropic could destroy trillions of dollars in capital as he warns the AI boom may be a larger bubble than dot-com.
Summary by IBTimes UK
5 Articles
5 Articles
Michael Burry, the investor who predicted the 2008 mortgage crisis, warned market participants on X that the euphoria around artificial intelligence could lead to serious capital destruction if OpenAI and Anthropic go public, writes Benzinga. We will also cover similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of the year is coming, where professional experts will tell you what to inves…
·Budapest, Hungary
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BizTocMichael Burry says it would be for the 'good of humanity' if a market crash stops OpenAI and Anthropic from going public
Michael Burry says it would benefit humanity if markets tanked and blocked OpenAI and Anthropic IPOs, warning they could destroy trillions in capital.
·New York, United States
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Coverage Details
Total News Sources5
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
Factuality
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