‘Big Short’ Investor Steve Eisman Warns AI Price Cuts and Slowing Usage Could Trigger a Massive Stock Market Correction — ‘...Could Go Into a Recession Immediately’

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. 'Big Short' investor Steve Eisman warned that falling AI prices, moderating usage and data-center obstacles could expose weaknesses across the stock market, where AI has become a dominant investment theme. Eisman discussed the risks during a podcast, Behind the Business with Michelle Toh, last week. Eisman said OpenAI recently lowered the price of its latest model after computing capacity increased substantially. That move could put pressure on Anthropic to reduce prices as well, intensifying competition among leading AI developers. Don't Miss: A single bad hire can set a startup back years.