https://www.live-feeds.com/feed/michael-burry-says-it-would-be-for-the-good-of-humanity-if-a-market-crash-stops-openai-and-anthropic-from-going-publicContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/michael-burry-says-it-would-be-for-the-good-of-humanity-if-a-market-crash-stops-openai-and-anthropic-from-going-publichttps://www.live-feeds.com/feed/michael-burry-says-it-would-be-for-the-good-of-humanity-if-a-market-crash-stops-openai-and-anthropic-from-going-public#u100928Mon, 05 Oct 2026 02:06:24 +0000Investor Michael Burry states that markets should "tank hard" to prevent OpenAI and Anthropic from launching initial public offerings. Burry argues that blocking these IPOs would be for the "good of humanity," warning that the companies could "suck up" and destroy trillions of dollars in retail capital. To hedge against an AI bubble he believes may burst sooner than previously expected, Burry has swapped short positions for put options on Nvidia, Micron, and Palantir, predicting a market crash similar to the one seen in 1987.Why it mattersBurry gained fame for pre