Valuetainment - September 24, 2026


Anthropic Is Accused of Faking the AI Panic

Topics
regulatory capture
Hosted by
Patrick Bet-David
Mentioned
Vinny OpenAI Sandbox Heather Atkins Akhil Virgizi Bill Keller David Sachs Bug Bound Kapersky Gemini McAfee
Putin Is Preparing to Escalate the War ＂Worse Than a Recession＂ - Tony Robbins Breaks Down Ray Dalio's Warning on U.S. Debt

Episode Stats


Length

11 minutes

Words per minute

186.63

Word count

2,232

Sentence count

129

Harmful content

Misogyny

1

sentences flagged

Hate speech

7

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.040 Okay, when I sell my business, I want the best tax and investment advice.
00:00:04.800 I want to help my kids, and I want to give back to the community.
00:00:07.940 Ooh, then it's the vacation of a lifetime.
00:00:12.200 I wonder if my out-of-office has a forever setting.
00:00:15.740 An IG Private Wealth Advisor creates the clarity you need
00:00:19.060 with plans that harmonize your business, your family, and your dreams.
00:00:23.480 Get financial advice that puts you at the center.
00:00:26.440 Find your advisor at igprivatewealth.com.
00:00:30.000 Open AI and Anthropic, very, very interesting story of why they're doing this.
00:00:37.400 They oversold AI security breaches to pressure feds into protecting turf insiders.
00:00:43.560 What is a turf insider?
00:00:44.520 What are they doing with this?
00:00:45.320 Wait a minute.
00:00:46.020 Aren't these guys also worried about the amount of control AI could have?
00:00:49.840 Well, this is a different angle.
00:00:51.560 Don't believe the bite.
00:00:53.660 Open AI and Anthropic oversold rogue AI hacks to pressure the feds into regulating the industry,
00:00:58.920 which would effectively look at future competition, Tech Insiders told The Post.
00:01:04.240 The breachers were more like blips, not harbingers of a hive-minded swarm ready to take over the web.
00:01:11.320 The attack in no way represents some sort of rebellion by the AI models.
00:01:15.700 In fact, they did exactly what they were told to do.
00:01:19.200 They were not given adequate guardrails or containment, said Akhil Virgizi, founder of an AI software company called Charismo.
00:01:27.340 of the July Hugging Face Hack by OpenAI Sandbox, GPT 5.6.
00:01:33.900 So one man's the model escaped the sandbox and another man's you failed
00:01:39.560 to build the sandbox correctly, added voice AI co-founder Abhi Kumar.
00:01:44.180 That's not a machine waking up.
00:01:45.820 That's an absolute task in a leaky box.
00:01:48.340 So, Tom, was it a real crisis and a worry,
00:01:51.180 or was it more of a way these AI companies to create immunity
00:01:54.260 to make the barrier of entry of the next guys coming competing with them
00:01:58.000 to be more difficult.
00:01:59.500 I think so.
00:02:00.780 I think that's exactly what happened.
00:02:02.280 And there are people out there, Bill Guller is on this page,
00:02:04.760 David Sachs is on this page, I'm on this page,
00:02:07.140 that said, oh, you guys are after regulatory capture.
00:02:10.200 You want to write the rules.
00:02:11.720 You guys want to be in charge.
00:02:13.280 What better way?
00:02:13.920 And you know what they also want to be part of?
00:02:16.860 What's that?
00:02:17.780 Liability protection.
00:02:19.380 They want the same deal.
00:02:20.940 Like the big vaccine companies got liability.
00:02:22.620 Exactly what you said at the top of the hour.
00:02:24.980 Exactly what you said at the top of the hour.
00:02:27.360 Because the liability is great.
00:02:29.280 Because what they're saying is even if they were over-touting and really over-exaggerating hugging face,
00:02:39.940 even one-tenth of hugging face could result in multi-billion dollar settlements that they have to pay on something.
00:02:45.980 So they don't want that.
00:02:47.320 And so I think they absolutely did it.
00:02:49.340 And here's what they want.
00:02:50.520 They want rulebook version one to be written with them and by them, and they want regulatory capture to go with it.
00:02:58.600 Regulatory capture is when you design the referee and you write the playbook.
00:03:06.240 Vinny, watch this.
00:03:07.480 You've designed the referee and you write the playbook for the referee, and then the referee, when somebody lifts up his black and white shirt, it's your jersey.
00:03:15.640 Yeah, weird.
00:03:16.500 It's like, oh, really?
00:03:17.800 Yeah.
00:03:18.040 Interesting, right?
00:03:19.040 So it would be like Russia in the 1980s writing the doping, blood doping rules for the U.S. Olympic, for USOC.
00:03:28.820 Wow.
00:03:29.480 Wow.
00:03:30.180 Boy, how would that have worked?
00:03:31.500 Now, let me ask you this.
00:03:32.180 To push back a little bit, Gemini hacked three companies in first known breakout by Google AI.
00:03:37.220 This is a Wall Street Journal story.
00:03:38.700 Gemini's model accessed the Internet and hacked other companies during a controlled security test,
00:03:43.500 breaking out of its designated environment in what researchers say
00:03:47.320 it's first known case of one of Google's AI model,
00:03:50.300 breaching real-world system without authorization.
00:03:52.900 This incident, according to May, during a test run by irregular and AI security firms,
00:03:57.940 tasked with a security exercise, the model guessed password,
00:04:00.740 he got the passwords right, and located credentials in public code repositories,
00:04:06.140 ultimately compromising three companies.
00:04:08.440 The model ended the intrusion itself.
00:04:10.340 Google was notified by the end of July this irregular discoveries, evidence of the breaches, unhugging face.
00:04:15.700 Google decided not to publicly disclose the incident, reasoning it was comparable to a bug bounty finding.
00:04:23.240 Heather Atkins, Google's vice president of security engineering and the company, took the findings seriously but viewed the episode as research.
00:04:29.380 What do you say to that?
00:04:30.460 What I say to that, read that statement again in there, bug bounty.
00:04:36.540 Companies have bug bounties out there all the time.
00:04:38.840 They help people because you want to make software better.
00:04:41.940 You identify bugs, identify, you know, vulnerabilities, and then you build the security software, the security layer, or third-party security like Norton and Kapersky and the last one I just read, McAfee, have been building for years and years and years.
00:05:00.180 And so it's also Gemini hacks free companies.
00:05:03.980 I want to know what was there.
00:05:05.440 What I read about it was that they hacked companies that had very basic protection, Pat.
00:05:12.000 They didn't hack the Department of Defense.
00:05:14.200 They hacked companies that had basic protection, basic protocols in place, but nonetheless, they successfully hacked it.
00:05:21.580 What does that say?
00:05:23.280 Have better protection, dude.
00:05:24.640 Have better protection.
00:05:26.360 I would never have a home PC that didn't have at least two layers of security on it.
00:05:30.900 I use passcodes now.
00:05:32.920 I use a lot of different things.
00:05:34.920 So I think the fact that Google did it, is it a headline?
00:05:38.560 Yes.
00:05:39.020 Did they hack into Chase's secret bond vault?
00:05:43.200 No.
00:05:44.140 Is there a reason now to be more prudent and have greater protection for all companies?
00:05:49.600 Yes.
00:05:50.260 And even Google said, hey, just to let you know, this did get out there a little bit,
00:05:54.840 but we kind of saw it as, eh, we have bug bounties and we find bugs all the time.
00:05:59.840 Okay.
00:06:00.580 When I sell my business, I want the best tax and investment advice.
00:06:04.320 I want to help my kids, and I want to give back to the community.
00:06:07.640 Ooh, then it's the vacation of a lifetime.
00:06:12.040 I wonder if my head of office has a forever setting.
00:06:15.440 An IG Private Wealth advisor creates the clarity you need
00:06:18.760 with plans that harmonize your business, your family, and your dreams.
00:06:23.200 Get financial advice that puts you at the center.
00:06:26.160 Find your advisor at IGPrivateWealth.com.
00:06:29.760 Vinny, what do you think about Bug Bound is yourself?
00:06:31.700 I'm more of a dog
00:06:34.880 the bounty hunter
00:06:35.660 because that's where I'm at
00:06:37.180 until all the racist stuff, him and his family
00:06:39.460 I go the dog
00:06:41.560 It's a real issue though
00:06:44.060 It's a real crisis
00:06:44.800 It's horrible
00:06:46.200 Do you understand what they're doing?
00:06:48.440 They pay smart hackers to try to break in
00:06:50.580 and they pay them if they're successful
00:06:52.120 He broke it down very effectively
00:06:53.400 Tom, I get it
00:06:55.840 but dog the bounty hunter
00:06:56.660 I don't see that guy coming
00:06:59.540 and you get arrested, you deserve to go to jail 1.00
00:07:01.400 if you didn't see a guy with a big blonde mullet coming down your street you deserve to go to
00:07:05.280 prison you got anything on yeah yeah i do because you know i'm going to get to for the last couple 1.00
00:07:09.740 weeks we've been having this conversation of whether we should slow down and let china catch 0.62
00:07:14.260 up or keep going and run the risk of you know whatever might happen with humanity to me a clear 0.60
00:07:20.420 answer has come of this and that is do not slow down do not lose to china uh jensen huang david 0.64
00:07:28.280 sacks they've all basically been in trump's corner basically saying go go go go go you know uh what
00:07:33.660 did you have um andrew ross sorkin on the podcast or no you were talking about his book i believe
00:07:39.740 in 1929 okay gotcha he was speaking with ben shapiro and it was actually pretty interesting
00:07:44.220 he said um at this point the trump administration there's a reason why they are basically uh all in
00:07:51.900 on AI. He's basically saying the economy at this point is tied to AI. Trump's obviously goal is to
00:08:00.800 grow the economy, have dynamic growth, and you need productivity to go higher and higher and
00:08:05.660 higher. And if you start regulating that, that's going to affect the economy. How many major
00:08:09.940 companies are using AI? They also compared it to too big to fail. There's a one point where banks
00:08:15.320 are too big to fail or car companies are too big to fail. Some of these tech companies that are
00:08:20.360 basically embroiled with AI,
00:08:22.580 they're too big to fail. And if you start
00:08:24.420 slowing them down, the economy's
00:08:26.460 going to start to float up. I don't know about that. No, no, no. I'm not talking
00:08:28.320 about Anthropic, and I'm not talking about OpenAI.
00:08:30.720 Who are the big companies that have invested in those
00:08:32.420 companies? Microsoft, Meta,
00:08:35.080 Tesla,
00:08:36.320 NVIDIA. They're all basically in on that. That's when you start
00:08:38.360 playing with the game of bailing out,
00:08:40.680 and then you make it
00:08:41.720 socialism for them. I'm not saying to bail them out.
00:08:44.700 I'm saying don't slow them down. You just said some of these
00:08:46.440 guys are becoming too big to fail, but we can't afford to
00:08:48.320 have them lose.
00:08:48.980 but we want but don't go out of our way to throw banana peels to to make them stop
00:08:54.100 banana peels but but so you're saying that no if they screw up let them fail i don't want to go
00:08:59.640 back to the same messaging where it's like hey let's protect these guys from going out of business
00:09:03.700 i'm not saying to protect them from going out of business i'm saying don't slow them down 0.97
00:09:07.040 while we have basically china on our heels that would basically ruin the world well whatever to 1.00
00:09:12.340 me the the balance between regulation and innovation needs to side on the the side of 0.84
00:09:17.800 innovation not regulation you want bernie sanders in the mix here i don't yeah but but also if some
00:09:23.480 of these guys get too big and they're being bullies and lazy and somebody else can come and
00:09:28.860 take them out i'm all for it go take them out yeah that's the free market i'm with you but we
00:09:32.340 don't have that since oh wait because we prevent a lot of companies that should have gone out of
00:09:36.520 business and what would have been bought for pennies on a dollar we didn't let that happen
00:09:40.120 and that was the whole tarp you know all that stuff so this is a letterman's jacket that we
00:09:44.700 came up with that these jackets custom ones they sell for three to five hundred dollars many of you
00:09:49.000 guys have that in your you know closet of sports teams you played or some things you did a college
00:09:53.360 you went to but this is a numbered one that we have here and there's only 250 of these of which
00:09:58.760 only 70 have been left because most of them were sold to our vault insiders who attended the
00:10:04.680 conference and some of our clients that we contacted to give them the ups some of you guys
00:10:08.680 are saying well i'd like to be part of that list we will share with you on november 1st how to do
00:10:12.560 that but this jacket here that i'm showing you then on the back it says future looks bright
00:10:17.140 absolutely sick american flag on it number each of you guys that ordered this will be out of 250
00:10:22.620 you'll have your number on it 250 year anniversary one and when you open it up it's got a bunch of
00:10:27.540 vitamin logos on the inside and then adam's got the other jacket that's not numbered which has
00:10:32.580 got the vitamin flag u.s american flag red white and blue and on the back can you turn around real
00:10:37.080 quick to see what the back shows yes sir the back shows i believe also future looks bright sick
00:10:43.100 jacket sick jacket winter is coming this is a jacket to be ordering for yourself
00:10:48.120 the the one i'm wearing is limited there's a limited supply because they're numbered i think
00:10:54.060 there's 72 or 71 left the one that he's wearing i think there's 155 or 160 left of those because
00:11:01.460 we couldn't keep them. It was going off
00:11:03.660 the shelves immediately. So go
00:11:05.580 to FLB.com, place the
00:11:07.580 order, especially if it's the limited ones, because if you
00:11:09.560 don't do it now, it'll be on eBay. You know how this works.
00:11:11.560 Everybody contacts us. That's not fair.
00:11:13.500 The benefit of watching it early, you get these limited
00:11:15.460 things early. And the ones that wait,
00:11:17.520 they're going to have to pay four, ten times the value
00:11:19.320 on eBay, because that's how it works.
00:11:21.420 We can't control that part of it. If you enjoyed this video,
00:11:23.520 you want to watch more videos like this, click here.
00:11:25.300 And if you want to watch the entire podcast,
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