GPT-5.6: OpenAI's New Model Cheated and Now It's Locked Away

In this episode, we discuss OpenAI’s restricted GPT-5.6, its model tiers, and questions raised by its benchmark results and reported behavior. We also cover pricing pressure from open source AI models, limited public access to frontier systems, and broader consolidation in the AI industry.

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TIMESTAMPS

0:00 GPT 5.6 Banned
1:46 Three New Models
4:51 Benchmarks and Politics
6:43 Cheating on Long Tasks
8:26 Cheaper Frontier AI
11:01 Hidden Risks Revealed
12:34 Closed Access Dilemma
14:26 Government and Public Gap
19:40 Encryption All Over Again
22:04 Waiting for the Framework
23:08 AI Talent Consolidates
24:13 Frontier Moves Faster

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.