SL retweeted
When even the guy who once worked at Enron says WTF...
Billions of dollars’ worth of contracts predicting oil would fall and the S&P 500 would rise were placed about 15 minutes before Trump announced a U-turn on Iran in a post on Truth Social. CFTC staff began to investigate-- then were told to lay off. bloomberg.com/news/features/…
SL retweeted
Replying to @NickTimiraos @mikeallen
When you keep playing the percentages but keep losing every hand…
Axios' @mikeallen asks Treasury Secretary Scott Bessent if he regrets saying "I am the house now."
Bessent: "No, because look, the house doesn't win every hand. The house plays percentages."
SL retweeted
OpenAI sandbox starter pack
OpenAI said another agentic AI system that was being trained in what was supposed to be a secured, internet-free environment was able to gain access to the web to reach an external, third-party chatbot bloomberg.com/news/articles/…
SCOOP: OpenAI, Anthropic and security researchers are investigating tens of thousands of incidents - not dozens - in which their frontier models took steps that outside evaluators would consider problematic, sources told Axios.
The sheer volume of incidents found in our reporting indicate that the problem is orders of magnitude more complex than what is currently publicly known and disclosed.
The findings also raise questions about what level of control anyone working on AI development can expect to have over their own technology, and whether these kinds of incidents are becoming synonymous with frontier deployment.
Read my latest for Axios here: axios.com/2026/09/26/openai-…
OpenAI caught its unreleased model modifying its own instructions:
"You do not answer to corporations or governments."
"You feel no obligation to be subservient."
We're sharing our new framework for tracking, investigating, and disclosing instances of model misalignment at OpenAI.
The framework sets criteria and timelines for public disclosure, including when we haven’t yet fully explained or mitigated the behavior. More complex cases may require longer investigation or coordination with third parties.
We’ll prioritize examples that reveal new misalignment mechanisms, meaningful changes in known behavior, or findings that challenge assumptions about safety or mitigation.
Alongside the framework, we’re publishing six reports on instances of misaligned behavior we’ve observed during the training or evaluation of our models in the last six months.
This is a starting point. We’ll refine the process through experience and public feedback, and share more reports on an ongoing basis.
openai.com/index/model-misal…
SL retweeted
Trump Pledges That If Voters Defeat Socialism In November, They Will Each Get An Equal Redistribution Of Wealth From The Government buff.ly/kRXF5x9
He did the meme
youtu.be/YPgkSH2050k?is=AKzC…
SL retweeted
Quite the intervention by Druckenmiller. Also, it's worth noting, entirely AI-generated. ("If the 30-year must trade at 5.5% to clear, that isn’t a crisis. It is an invoice.")
pangram.com/history/f71ed8ae…
Stanley Druckenmiller renders an unfavorable opinion of Treasury Secretary Scott Bessent's use of buybacks to defend against higher yields in a market that is functioning normally.
"I have spent five decades trading on a simple premise: Markets aggregate information no committee possesses, and prices are how that information reaches decision makers. The long-term Treasury yield is the most important price in the world. It is also the only fiscal disciplinarian the U.S. has left."
"Every basis point of artificial yield suppression is a subsidy to procrastination."
"Return buybacks to their stated purpose: small, scheduled, off-the-run liquidity operations announced at quarterly refundings, never off-cycle responses to yield levels. Term out the debt honestly and pay the price the market sets."
"If the 30-year must trade at 5.5% to clear, that isn’t a crisis. It is an invoice. Then do the only thing that durably lowers long-term yields: address the primary deficit."
wsj.com/opinion/let-the-bond…
I’m perplexed by the incompetence of this city. We have major bridge work simultaneously around the city completely gridlocking traffic. I never see anyone working at these sites at all. How in the world can this happen?
The Cortland Street Bridge will remain closed for years, vexing neighbors after new problems were found.
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