Ken Lay would like a word

The fact that Ellison just backed out of a massive stock sale makes me think everybody is reading the same bond market numbers

Everybody's out of money and they need a way to calmly unwind this. Same reason Ellison just backed out of the stock sale.

I agree - it is hard not to be cynical. Funding is becoming scarce; IPOs are getting harder.

The hedge funds are trying to back out. I think they realise the web of financing makes them double (triple? quintuple?) exposed.

Amodei wants to manage the narrative and make the slowdown look at least semi-deliberate.

The cynic in me would argue the safety and alignment play has always filled a role of plausible deniability when plans go off track. "Oh well we had to pull the model", etc

Every one of those posts costs money, and OpenAI is apparently willing to pay that. This really is a problem with a simple solution.

A chimpanzee could turn the nuclear keys if he were given access to them. The solution is not to remove chimpanzees' thumbs; it's just to not give them the nuclear keys. This is a very basic lesson that the labs are somehow missing.

Commodification of inference means the death of capital spending on buildouts, which would mean the end of both Softbank and probably Oracle.

You don't need to sell us on the idea even further.

Aren't the "thinking" chains always just reconstructed anyways? It would be like using a debugger that just looks at the source code rather than the actual binary.

There are whole industries that still don't let LLM-generated code touch production

I gave up on gun control as a political question when I realized you can buy a flamethrower at Home Depot