Steve Eisman: AI firms have no moats and are manufacturing a crisis to shape regulation
GaryMarcus · x · 2026-09-18
In a CNBC interview, investor Steve Eisman (of The Big Short fame) said AI companies are 'very nervous' because they realize there are no moats around their business, and are trying to manufacture a crisis that will create regulation they can manipulate into the duopoly they want — a pointed critique of industry lobbying for AI regulation.
More from Companies & People
- First-ever PyTorch Day Japan lands in Tokyo on December 10, CFP open till Sept 27 — PyTorch · 2026-09-18
- NumPy creator Travis Oliphant on funding open source foundations in the AI era — teoliphant · 2026-09-18
- Glean beats Claude in customer eval: 30% cheaper with better quality, saving $500K a year in tokens — verrsane · 2026-09-18
- Astra for Law posts big legal benchmark gains as Mollick asks if labs will eat every AI vertical — emollick · 2026-09-18
- Beff Jezos: Sama is likely enjoying the backlash against EAs and safetyists after their coup attempt — beffjezos · 2026-09-18
- Dollhouse Robotics bets on humanoid robots for event services: real revenue, fast iteration today — carlosdponx · 2026-09-18