CoT may be a misleading proxy: models can pass richer messages via KV cache

stochasticchasm · x · 2026-09-04

The author argues that even if chain-of-thought looks like a decent proxy for a model's internal process, it can be misleading: models can pass messages through the KV cache that are far more complex than what appears in token space, so readable CoT may not reflect what's happening inside the model.

Related event: Looped Transformer Rumors Spark Fierce Debate Over CoT Monitorability(7 posts)→

Original post →

More from Research

Research channel →