economy
Situational Awareness Got the Future Right but Misread the Past
Leopold Aschenbrenner thought AI-related stocks would go one way; they went the other. The mistake was funding the trades with debt
TL;DR
- Leopold Aschenbrenner's predictions about AI-related stocks were inaccurate.
- The stocks moved in the opposite direction than anticipated.
- Funding these trades with debt worsened the financial outcome.