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International Business Times UK
International Business Times UK
Technology
Niloy Chakrabarti

'If OpenAI Fails, We'll Have a Massive Correction': Steve Eisman Says Michael Burry Is Focusing on the Wrong AI Risk

Eisman warns that if OpenAI and Anthropic fail to turn heavy AI investment into lasting demand, the AI trade could face a sharp correction. (Credit: CNBC)

Steve Eisman and Michael Burry became famous for making fortunes by betting against the US housing market before the 2008 financial crisis.

Now, the two Big Short investors are taking opposing views on the biggest threat to the AI boom, with Eisman arguing that Burry may be concentrating too heavily on chip depreciation while overlooking what he considers a far more dangerous weakness: the industry's dependence on OpenAI and Anthropic.

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