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Hedgie
@HedgieMarkets
🦔 Making financial nonsense make sense, one prickly take at a time 🦔 | Weekly newsletter: | Not financial advice (I'm a Hedgehog)
加入 March 2025
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🦔Sam Altman has been describing a version of ChatGPT that remembers your whole life, every email, conversation, and document you choose to feed it, so it can act as a proactive assistant. A viral clip framed this as AI surveilling your entire life within six months, which overstates both the timeline and what he said. Strip out the hype, though, and there's a business angle here, one Altman has said out loud. My Take The obvious worry is privacy, and it's a big one. You'd be handing a single company a record of your entire life, your emails, your health, your money, your private conversations, and trusting it to guard all of that and never misuse it. These are the same firms that keep getting hacked and subpoenaed, and once that data exists in one place, you don't control where it ends up. They want it anyway because it locks you in. Altman has said the deep memory creates massive switching costs, which is his term for a moat. Once ChatGPT holds years of your context, walking away for a competitor means starting from zero, so most people won't. You carry the privacy risk so they can hold a customer who won't walk. Google and Apple ran a version of this with email and photos, and this hook goes far deeper, your whole life instead of a photo library. I'd think hard before pouring all of it into any single one of these tools, because the company that holds your entire context doesn't have to stay the best. It only has to be impossible to quit. Hedgie🤗
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