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Steve Eisman says AI labs are hyping doomsday to win themselves a regulatory moat. The AI industry's biggest political operation raised $140 million, and it spends that money killing AI regulation. Leading the Future is the super PAC network a16z and OpenAI president Greg Brockman fund. Its first target was Alex Bores, the New York assemblyman who wrote the state's AI safety bill. They're spending to un-elect the people writing the rules Eisman thinks the labs are begging for. Before that,…
CEOinterview@CEOinterview1d ago
Big Short investor Steve Eisman says the AI labs know they have no moats and are manufacturing a crisis to get regulation that hands them a duopoly "I think this is all nonsense." [ You think it's all nonsense? ] "All nonsense. I think that there's something else completely going on here. ... What I think is happening is that token maxing is over. The open weight models are taking big market share. I think these companies are very nervous. They realize that there are no moats around their business whatsoever, and they're trying to manufacture a crisis that will create regulation, and that they think they can then manipulate to create the moats, to create the duopoly that they want." [ Wow. ] "That's what I think is going on." "Honestly, I think this whole Terminator thing is garbage. That's for sure."
