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."

This is such a lucid take on the benchmark creation process. Evals need to live inside and outside the loop to get the best results.

Crows are being given naloxone after suspected drug overdoses. What is happening in BC?

Last year the same labs, politicians, NGOs, and media outlets now pushing the extinction hoax were running a full-scale campaign that AI would cause a jobs apocalypse. We were told it would be a “white-collar bloodbath,” 10–20% unemployment, half of entry-level jobs gone. Obama amplified it. Over a year later: unemployment at 4.1%. No economy-wide displacement. A million new jobs created by AI, says The Economist. Anthropic’s own chief economist says the data looks like skill augmentation, not job destruction. So, any admission by the doomer labs, politicians, and NGOs that they were wrong? Any humility about scaring the public with wild extrapolations dressed up as forecasts? Nope. They just move on to the next hoax, with the same false certitude and fake precision.

THE ONLY REASON Antropic and OpenAI exists is because of the work of this man. What a breath of fresh air. Listen to @JensenHuang leave these hosts speechless as he deconstructed AI fear theater calmly and cogently.