The Big Short investor says AI labs want to "create a crisis."
"I think it's all nonsense. "Steve Eisman said this on CNBC in September, after a host joked about companies saying their AI bots were working again.
Eisman is the investor who bet against the housing market before the 2008 crash. He told CNBC that the top labs "have no digs around their business at all and are trying to engineer a crisis" — one that would bring the regulation they can shape into a duopoly.
Open models that anyone can download are taking part, he said, and "these companies are very nervous. ".
When labs say the work needs to slow down because it's dangerous, his response was: “Delay your IPO. " "Put your money where your mouth is. ".