Peter H. Diamandis
August 26, 2026
TL;DR
OpenAI is pausing frontier AI training to prepare for inevitable cybercrimes and fraud enabled by unguarded Chinese AI models, while hoarding advanced models internally for competitive advantage.
“What's going to happen next is the first really bad AI tragedies will start. It won't be AI doing it. It'll be people who otherwise didn't have the power using one of the Chinese models to do things like viruses or cyber attacks or bank fraud.”
— Dave
“For an entrepreneur last summer to this summer has been the era in human history where you can get the very best AI to get ahead, to build something, to create something.”
— Dave
“They're not going to release any of that. Using it internally to get ahead of everybody else is more important to them than giving it to the world.”
— Dave
1. OpenAI's Voluntary Pause on Frontier AI
OpenAI announced a voluntary pause on frontier reinforcement learning training, signaling preparation for anticipated misuse of AI technology.
2. The Predicted AI Crime Wave
The first major AI tragedies will involve people using unguarded Chinese models for viruses, cyber attacks, and bank fraud—crimes they couldn't execute before AI access.
3. Chinese Unguarded Models as the Scapegoat
New Chinese models like Qwen with no guardrails will become the public target; OpenAI's safety focus positions it to deflect blame when AI-enabled crimes emerge.
4. The End of Public AI Access for Entrepreneurs
Summer 2024 is the last era where entrepreneurs can freely access best-in-class AI; Anthropic's internal use of Qwen 2 to build Qwen 3–7 signals future models will remain proprietary.