Big Short's Steve Eisman: AI labs have no moats and are manufacturing a crisis for a regulatory duopoly
aiamblichus · x · 2026-09-18
Big Short investor Steve Eisman called the AI labs' alarmism "all nonsense," arguing that token maxing is over, open weight models are taking big market share, and the labs know they have no moats — so they are manufacturing a crisis to push regulation they can manipulate into the duopoly they want.
Related event: Eisman Says AI Labs Lack Moats, Stoking Crisis to Win Regulation(2 posts)→
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