Strategy-Stealing Argument Against AI Dealmaking
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Published on November 1, 2025 4:39 AM GMT

There’s an argument against the dealmaking agenda that I’ve heard a few times. I will call it the “strategy-stealing” argument. In short: for any honest dealmaking strategy you might pursue, there exists a deceptive alternative that produces identical AI behaviour at lower cost, so you (as a rational actor) will never honestly commit to deals. Moreover, sophisticated AIs, recognising this, won’t believe your deal offers are honest.

In this post, I make the argument more explicit. I’ll probably write a longer post analysing the considerations for and against each assumption, and exploring the conditions under which they’ll hold. But I’m keen to know what people make of the arg…

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